It considers partnering with packagers an important part of its pathway as a relatively new lender
Later life lender LiveMore has continued to expand its distribution following a new partnership with Positive Lending, a distributor covering a wide range of lending, including specialist residential across all age groups.
Specialising in mortgage lending for the 50- to 90-plus age group, LiveMore said it can cater for a wide variety of older people, including some adverse credit, and will consider a range of property types including modern methods of construction.
“As a relatively new lender – we are two years old – we are now building up our distribution at pace,” Leon Diamond, chief executive at LiveMore, said. “Partnering with packagers is an important part of our journey and we look forward to a long and fruitful partnership with Positive Lending.
“We will consider complex cases, for example, where there has been some adverse credit or the property is of an unusual construction, as we manually underwrite all of our cases.”
Read more: LiveMore joins Sesame and PMS lender panels.
David Coleman, head of sales at Positive Lending, said they continue to look for ways to strengthen their offering with lenders who bring something new to the market and provide an alternative solution.
“We are delighted to welcome LiveMore on to our mortgage panel and look forward to working closely with them to support more brokers and clients in a currently underserved area of the market,” Coleman said.
