LiveMore has expanded its distribution with a new partnership with Positive Lending.
Specialising in mortgage lending for the 50 to 90+ age group, LiveMore caters for a market that is underserved and currently offers a range of interest-only fixed rate mortgages.
Positive Lending is a master distributer covering the whole spectrum of lending including specialist residential across all age groups supporting brokers looking for assistance to place cases.
LiveMore 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.
Leon Diamond, CEO at LiveMore, said: “As a relatively new lender – we are two years old – we are now building up our distribution at pace. 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.”
David Coleman, head of sales at Positive Lending, added: “We are continuingly looking for ways to strengthen our offering with lenders who bring something new to the market and provide an alternative solution.
“We are delighted to welcome LiveMore onto 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.”
