Primis Mortgage Network adds new RIO lender | Mortgage Strategy

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Specialist lender LiveMore Capital has partnered with Primis Mortgage Network.

LiveMore offers a range of lending options for borrowers aged 55 or over. This includes the recent addition of a retirement interest-only purchase mortgage.

LiveMore Capital have been actively extending its distributions channels in recent months.

In the last three months it has been added to the lending panels at Mortgage Intelligence TMA Club, Paradigm, SimplyBiz and Equity Release Supermarket. 

LiveMore’s director of sales Alison Pallett says the company has been working to broaden its market reach.

She adds: “The relevance of our product is even more important during these challenging times with many parents raising capital to help support their children during this unprecedented period.”

LiveMore offer a range of RIO lending options up to 75 per cent LTV. 

Primis proposition director Vikki Jefferies, says: “Over recent years, assets such as property have enabled many borrowers to fund their later years with confidence, and demand for products which allow older homeowners to utilise their housing wealth is continuing throughout the ongoing crisis. 

“By partnering with LiveMore, we are confident that our firms will be better equipped to support clients with their lending needs in retirement.”


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