LiveMore

For brokers looking to serve older borrowers, LiveMore stands out with tailored products. We know lending to older borrowers can be tricky, but luckily LiveMore has the solution. They provide flexibility in terms of income sources and property types, making them a go-to for more complex cases. 

Up to 10x loan-to-income (LTI) on an interest-only basis: offering brokers more scope to meet client borrowing needs. This is particularly useful for clients with higher affordability. 

Flexible Income Assessment: Income sources are treated with flexibility and include pension projections, savings, foreign currency income, Buy-to-Let (BTL) income, and more, making it easier for brokers to work with clients with varied or non-standard income streams. 

Property types that many lenders may reject are considered by LiveMore: including semi-commercial properties, flat roofs, retirement homes, and farms, broadening the scope of acceptable properties for your clients. 

Funds can be used for any purpose,: including the clearing of bridging finance or other loans, adding convenience and versatility for brokers managing clients with complex financial arrangements. 

Fixed rates products with up to 20-year terms: providing long-term stability for clients looking to lock in a rate over an extended period. 

Loans up to £2 million: giving brokers access to higher loan amounts for clients with larger borrowing requirements. 

For clients with a less-than-perfect credit history: LiveMore offers understanding, considering mortgage arrears of 3 in 36 months, making it easier for brokers to find solutions for clients with some credit challenges. 

Additionally, CCJs up to £1,500 are also considered, providing further flexibility for brokers working with clients who have minor credit issues.