LiveMore Capital has announced a new partnership with Positive Lending to increase its distribution.
Positive Lending covers the whole spectrum of lending including specialist residential across all age groups, supporting brokers looking for assistance to place cases.
Specialising in mortgage lending for the 50 to 90 and above age group, LiveMore offers a range of interest-only fixed rate mortgages. The lender can cater for a variety of older people including some with adverse credit, and will consider a range of property types including modern methods of construction.
“As a relatively new lender – we are two years old – we are now building up our distribution at pace,” LiveMore CEO, Leon Diamond, commented. “Partnering with packagers is an important part of our journey and we look forward to a long and fruitful partnership with Positive Lending.
“We will consider complex cases, for example, where there has been some adverse credit or the property is of an unusual construction, as we manually underwrite all of our cases.”
Positive Lending head of sales, David Coleman, commented: “We are continuing to look for ways to strengthen our offering with lenders who bring something new to the market and provide an alternative solution.
“We are delighted to welcome LiveMore onto our mortgage panel and look forward to working closely with them to support more brokers and clients in a currently underserved area of the market.”
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