The lender aims its range of fixed rate mortgages at borrowers aged 50 and above, with the deal designed to help its products reach a greater number of borrowers.
Leon Diamond, CEO at LiveMore, noted that the lender has only been live for two years, but is now “building up our distribution at pace”.
The Positive Lending partnership comes after LiveMore has announced similar arrangements with Sesame, PMS and TFC Homeloans.
He continued: “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.”
David Coleman (pictured), head of sales at Positive Lending, said the distributor was continually looking for ways to work 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,” he concluded.
