LiveMore has launched an exclusive packager proposition designed to further broaden broker access to later life lending products for their customers who are aged 50-90+.
The packagers LiveMore is working with in this deal are Brightstar, Complete, Brilliant, TFC and Impact.
There are two new packager products which will give brokers access to deeper adverse criteria than LiveMore’s standard product range of retirement interest only (RIO), interest-only and capital and interest mortgages.
The features include more flexibility on CCJs, unsecured debt and the ability to access 100% debt consolidation.
These products are priced the same as the standard range, therefore there is no additional cost to the borrower to access the enhanced credit criteria.
There are fee-free options but if brokers choose a product from LiveMore’s fee range they will benefit from a £200 discount on the standard fee.
LiveMore CEO and founder Leon Diamond comments: ”As LiveMore continues to grow, the next step in our evolution is to expand our distribution”.
He adds: “The capability of packagers, with their deep expertise in understanding complex circumstances and vast distribution, is a great opportunity to reach new customer groups.”
