Connect for Intermediaries is the latest distribution partner to join forces with LiveMore as the lender continues in its mission to expand mortgage lending for the 50 to 90+ age group.
LiveMore has been in the market for two years and is rapidly building momentum catering for the mortgage needs of this underserved age group.
Currently offering interest-only fixed rate mortgages, LiveMore’s range starts at terms of 5 years going up to 7, 10 and 20 years as well as fixed for life.
Connect for Intermediaries is a specialist network, packager and referral partner with an extensive panel of more than 170 lenders across the mainstream and specialist markets.
Alison Pallett, managing director of sales at LiveMore, said: “Connect for Intermediaries works across the full range of specialist lending including older borrowers so now its brokers have even more options with access to our mortgage range. We are one of the few lenders who will consider borrowers even if they are over the age of 90.
“It is essential for us to be on the panels of strong, reputable networks and packagers like Connect for Intermediaries and we look forward to working closely with the wonderful team there.”
Kevin Thomson, sales director at Connect for Intermediaries, commented: “We are always keen to work with new, innovative lenders and LiveMore’s proposition is unique in the mortgage market.
“Our brokers now have access to a lender who looks beyond salary for affordability and takes into account all aspects of income such as pensions and buy-to-let property. Our brokers will appreciate this new proposition and I’m sure we will work well together.”