LiveMore has partnered with specialist mortgage packager TFC Homeloans to make its products for those aged between 50 and 90+ available to its broker partners.
Brokers using the packager can submit cases on TFC’s 1APP portal.
LiveMore offers retirement interest-only (RIO) and term interest-only mortgages to people over the age of 50. Fixed rates can be taken out on terms of five, seven, 10 or 20 years, while the RIO can be fixed for life.
Leon Diamond (pictured), CEO at LiveMore, said: “We have only been in the mortgage market for two years but we’re really gaining traction with our distribution.
“It’s important for us to have a range of distribution partners, particularly specialist packagers like TFC Homeloans who understand how underserved the 50 to 90+ mortgage market is. We can’t wait to get started working with TFC Homeloans.”
Wayne Smethurst, managing director at TFC Homeloans, added: “LiveMore is a game changing lender with its unique approach to mortgages into and beyond retirement. The flexibility of the way it handles affordability is refreshing in today’s market as it considers all income, not just salary.
“LiveMore offers wide ranging criteria, its pricing is fair and its recent shortening of early repayment charges makes its longer-term fixes attractive.”
Shekina is the deputy editor at Mortgage Solutions and commercial editor at Mortgage Solutions and Specialist Lending Solutions. She has nearly eight years of experience in the B2B publishing market, having previously covered the hospitality, retail, pet, accounting and jewellery sectors.
Shekina has worked for Mortgage Solutions and Specialist Lending Solutions for almost five years. Here, she covers the market’s breaking news stories, engages with professionals in the sector, and oversees any commercially agreed content in partnership with mortgage-related companies.
This includes presenting webinars and hosting roundtable discussions on developing themes in the mortgage sector.
She is an NCTJ-trained journalist and was nominated for the Headline Money Awards Mortgage Journalist of the Year in 2021.
In her spare time, Shekina likes to read, travel, listen to music and socialise with friends.
She currently reports on current events in the mortgage market and liaises with financial clients to produce sponsored content.
Follow her on Twitter at @ShekinaMS
