LiveMore joins Twenty7tec's RESEARCH tool Mortgage Finance Gazette

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LiveMore has joined the Twenty7tec affordability tool, RESEARCH, making it easier for advisers to find the right lending solutions for older borrowers.

Twenty7tec’s technology platform supports over 17,000 advisers with product sourcing, applications and data analytics.

Maximum borrowing amounts are obtained from the LiveMore Mortgage Matcher and are based on the affordability of mortgage payments throughout the term of the loan, rather than an income multiple.

LiveMore says its Mortgage Matcher simplifies the process of finding the right later life mortgage by filtering more than 250 products across multiple categories, including standard capital and interest, interest-only, part-and-part, retirement interest-only and lifetime (equity release) mortgages.

LiveMore chief executive Leon Diamond says: “Joining the Twenty7tec affordability tool makes it easier for mortgage advisers to find out how much LiveMore can lend. We have recently removed our loan to income caps to ensure we are helping as many borrowers as possible to achieve their home owning goals.”

Twenty7tec chief executive James Tucker adds: “We are always looking to add lenders to our affordability tool to ensure the best possible outcomes. LiveMore will be a great addition that will enhance the Twenty7tec affordability tool for all our advisers to use.”