This is part of a packager proposition launched by the lender to broaden access to its products. There are two new packager products which have the same pricing as LiveMore’s standard options.
The criteria is more flexible towards adverse circumstances regarding county court judgments (CCJs), unsecured debt and the ability to access 100 per cent debt consolidation.
There are fee-free options and if a fee-paying product is selected by brokers, there will be a £200 discount on the standard cost.
Leon Diamond (pictured), CEO and founder of LiveMore, said: “As LiveMore continues to grow, the next step in our evolution is to expand our distribution. We are thrilled to broaden customer access to later life lending products by giving packagers exclusive product options that help those customers locked out from most lenders.
“The capability of packagers, with their deep expertise in understanding complex circumstances and vast distribution, is a great opportunity to reach new customer groups.”
Michael Craig, sales director at Brilliant Solutions, added: “We are really excited to have worked with LiveMore to build their packager exclusive products. Later life is an underserved part of the market, but we know that with an ageing demographic and a cost of living crisis, the need is greater than ever for customers to find innovative solutions to stay in their homes.
“These products will help to grow the over 50s market and help older borrowers who have previously had very few options.”
