Connect for Intermediaries and LiveMore Capital have joined forces to expand LiveMore’s lending distribution network. This partnership seeks to cater to the often-overlooked demographic aged 50 to 90 by offering tailored mortgage solutions.
Although relatively new, having been in the market for two years, LiveMore is committed to addressing the financial needs of this age group. Its focus on this “underserved” demographic highlights its dedication to providing innovative lending options. The collaboration will ensure that more borrowers can access suitable mortgage products to meet their unique circumstances.
LiveMore specialises in interest-only fixed-rate mortgages, providing flexibility and long-term stability. Their offerings range from five-year fixed-rate terms to options spanning seven, ten, or even 20 years. Additionally, their lifelong fixed-rate mortgages offer innovative solutions for borrowers seeking financial certainty later in life.
Connect for Intermediaries is pivotal as a specialist network, packager, and referral partner. With over 170 lenders across mainstream and specialist markets, they bring unmatched expertise and market access. This partnership significantly bolsters LiveMore’s ability to reach a wider audience while maintaining its high service standards.
As the mortgage market continues evolving, this strategic alignment positions both organisations for future growth. The collaboration ensures they can better meet the financial needs of the growing older demographic, which remains underserved in traditional lending markets.
By combining their expertise, LiveMore and Connect for Intermediaries aim to make mortgages more accessible and offer practical solutions for borrowers navigating later-life financial challenges.
Connect Mortgage Network Announcement | The quotes
Managing sales director at LiveMore, Alison Pallett, commented: “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. We look forward to working closely with the wonderful team there.”
Connect for Intermediaries sales director Kevin Thomson added: “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 considers 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.”
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