Unique property cases for borrowers over 50
LiveMore has the broadest property criteria on the market for older borrowers, offered across our entire product range, including lifetime mortgages (equity release).
Remortgaging next to a pub
Living next to a pub has its advantages, but not for a borrower when it came to getting a mortgage. Fortunately, because of LiveMore's broad approach to property criteria, we can consider property near to licensed premises.
We were able to lend £300k on a £500k property, with a 5-year fixed-rate retirement interest only mortgage.
Our broad property criteria includes non-standard construction, close or adjacent to commercial, large acreage, flat roofs, listed properties and more.
What's more, we consider it across our entire product range, including our property specific lifetime mortgage, Property Plus.
Key Points:
- For borrowers over 50:
LiveMore will consider a broad range of properties across all of our products including equity release, such as:
- Non-standard construction
- Close or adjacent to commercial
- Large acreage
- Flat roofs
- Listed properties
- Sprayfoam (subject to conditions)
LiveMore can help where other lenders can't.
Got a client over 50 with a unique property? Start with our quick calculator to see what repayment options could be available for your client