LiveMore Capital partners with L&C Mortgages
LiveMore Capital has entered into a partnership with L&C Mortgages.
LiveMore Capital specialises in interest-only mortgages for borrowers aged 55 and over, offering fixed rate products ranging from five years to lifetime, up to 75% loan-to-value (LTV).
Through the partnership, members of L&C Mortgages will be provided with access to LiveMore Capital’s range of products.
David Hollingworth, associate director at L&C Mortgages, said: “The demand from older borrowers is only likely to increase over time and we feel that retirement interest only is an important option for these customers.
“LiveMore’s innovative and flexible approach will add more choice for our advisers in finding the right solutions for our customers.
Alison Pallett, director of sales at LiveMore Capital, added: “The opportunity to work with L&C Mortgages gives us a fantastic platform to showcase our products and proposition.
“Our market leading LTV of 75% coupled with our fresh look at affordability, really does mean that intermediaries will be able to offer more choice to their customers and help this underserved section of the market”.