Rate changes, product launches, and company updates.
LiveMore has completed its third residential mortgage-backed securitisation, raising £212m to support future lending for homeowners aged 40+ and reinforce its commitment to broadening access to mortgage finance.
New enhancements give borrowers greater flexibility and improved access to funding, while helping brokers find solutions for more clients.
LiveMore has widened criteria across debt consolidation, LTV, adverse credit and documentation, plus introduced age next birthday for lifetime mortgages, all designed to help more cases qualify and place faster.
The discussion brought together brokers and professionals from across the mortgage market to examine the current later life lending landscape, its challenges and opportunities, and whether the term ‘later life’ remains fit for purpose.
The podcast series will allow brokers and advisers to share insights and trends in the specialist and later life lending market.
The new product from LiveMore allows borrowers to secure a mortgage based on the property after spray foam is professionally removed.
A flexible 5-year fixed rate product - 2 years fixed, and if rates improve, the client can exit the product with no ERCs. Designed to give both security and flexibility.
Specialist lender LiveMore has expanded its lending criteria, reducing the time it looks back at historic credit issues as it seeks to improve access to mortgages for borrowers with more complex financial backgrounds.