LiveMore partners TFC Homeloans over later life products | Mortgage Strategy

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LiveMore says its later life products are now available through specialist mortgage packager TFC Homeloans.

It says brokers using TFC Homeloans can submit a range of cases on its 1APP portal from a decision in principle to completion, for all lenders and products.

The specialist lender offers retirement interest-only mortgages and term interest-only mortgages for people over 50. Fixed rates can be taken out for five, seven, 10 or 20 years, and with retirement interest-only mortgages the loan can be fixed for life.

The mortgage distributor, founded in 1991, services residential, buy-to-let, second charge commercial, bridging and portfolio loans.

LiveMore chief executive Leon Diamond says: “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-plus mortgage market is.”

TFC Homeloans managing director Wayne Smethurst adds: “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.”


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