Equity Release Supermarket partners with LiveMore Capital

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Livemore is a specialist retirement interest only (RIO) mortgage provider which offers a wide range of fixed rate products, from five-year terms to lifetime and up to 75% LTVs.

It is renowned, in particular, for looking after vulnerable people and has a dedicated team in place to manage vulnerability.

Mark Gregory, founder and CEO of Equity Release Supermarket, said: “We are continually expanding our products and services in order to bring flexible solutions to our advisers and clients, and with the addition of LiveMore to our list of lenders, this presents a different and innovative approach to RIOs.

“LiveMore share our creative ethos and desire to do things differently, helping customers to fulfil their later life aspirations by providing more options in retirement.

“Their combination of lending up to 75% Loan to Value (LTV) allowing for greater borrowing power, along with their use of technology and data to support assessments of affordability, will be advantageous to our customers.”

Meanwhile, Alison Pallett, director of sales at LiveMore said: “We are delighted to partner with Equity Release Supermarket and look forward to helping them as we bring them a flexible approach to affordability, with a particular niche around the self-employed and business owners, who have sometimes been left under-served.”