LiveMore provides semi-exclusive products for five packagers

Published on

LiveMore has launched an exclusive packager proposition with Brightstar, Complete, Brilliant Solutions, TFC and Impact.

There are two new packager products which will give brokers access to deeper adverse criteria than LiveMore’s standard product range of RIO, interest-only and capital & interest mortgages.

The features include more flexibility on CCJs, unsecured debt and the ability to access 100% debt consolidation.

These products are priced the same as the standard range, therefore there is no additional cost to the borrower to access the enhanced credit criteria.

There are fee-free options but if brokers choose a product from LiveMore’s fee range they will benefit from a £200 discount on the standard fee.

Leon Diamond (pictured), CEO and founder of LiveMore, said: “As LiveMore continues to grow, the next step in our evolution is to expand our distribution. We are thrilled to broaden customer access to later life lending product by giving packagers exclusive product options that help those customers locked out from most lenders.

“The capability of packagers, with their deep expertise in understanding complex circumstances and vast distribution, is a great opportunity to reach new customer groups.”

Michael Craig, sales director at Brilliant Solutions, added: “We are really excited to have worked with LiveMore to build their packager exclusive products. Later life is an underserved part of the market, but we know that with an ageing demographic and a cost of living crisis, the need is greater than ever for customers to find innovative solutions to stay in their homes.

“These products will help to grow the over 50’s market and help older borrowers who have previously had very few options.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...

The Leeds reports £104m profit amid robust lending and savings growth

Leeds Building Society has reported a profit before tax of £104.4 million for the...

Annual house price growth picks up as affordability improves

The UK housing market showed renewed resilience in July, with house prices rising by...

Latest publication

Latest opinions

Job cuts to inflation shock: preparing for a mortgage arrears crisis

The latest data on jobs paints a picture of a rapidly weakening labour market. The...

URGENT! AI Is coming for you. Or maybe not…

I’ll try to make this as straight to the point as I can. The...

Mind the gap: Can mortgage advice change the game for protection?

Many industry insiders still talk about the UK protection gap and how vast it...

Navigating HMO and MUFB complexity with confidence

Historically, larger Houses in Multiple Occupation (HMOs) and Multi-Unit Freehold Blocks (MUFBs) have often...

Other news

Market Harborough broadens tier two mortgage criteria to boost complex case lending

Market Harborough Building Society has introduced a series of criteria enhancements to its tier...

Coventry for intermediaries reduces rates across residential and buy-to-let ranges

Coventry for intermediaries has announced rate cuts of up to 19 basis points, with...

Halifax cuts remortgage rates across selected two and five-year fixed deals

Halifax Intermediaries has announced a series of rate cuts across its remortgage product range,...