LiveMore, the specialist mortgage lender catering to customers aged 50 to 90 plus, has been ranked 52nd in the Business Leader Growth 500 list, following a 721% increase in revenue over the past three years.

The Growth 500, compiled by Robert Watts – the journalist behind The Sunday Times Rich List – ranks the fastest-growing companies in the UK based on publicly available accounts filed with Companies House.

All firms included must have reported annual revenues in excess of £3 million in their most recent financial year, with rankings determined by percentage revenue growth over the past three-year period.

LiveMore says its position as one of the highest-placed lenders in the index highlights the rapid expansion of the later life lending market and the growing demand for financial solutions tailored to older borrowers.

The lender has carved out a distinct proposition focused on serving what it sees as a significantly underserved demographic in the mortgage sector.

“Our purpose-led mission is to meet the evolving needs of later-life borrowers, offering more choice beyond standard equity release, which has driven this growth,” said Leon Diamond, chief executive of LiveMore.

“This recognition in the Growth 500 is testament to the dedication and innovation of the entire LiveMore team.

“We’re honoured to be ranked alongside the UK’s most dynamic businesses, and will continue to drive a positive longer-term impact for more customers as we scale.”