LiveMore has more than doubled its mortgage applications in the primary half of this yr in comparison with the identical interval final yr.
Between January and June 2025, mortgage applications elevated by 132% whereas completions additionally went up by 58% versus January to June 2024.
LiveMore’s portfolio consists of retirement curiosity solely, normal capital and curiosity, curiosity solely, in addition to lifetime.
Most just lately, the lender additionally launched an modern half curiosity and half reimbursement mortgage, offering better flexibility to swimsuit a spread of economic circumstances.
LiveMore founder and chief government Leon Diamond explains how this ageing inhabitants is rising the necessity for high-quality later life lending: “This quickly rising section of the inhabitants has for too lengthy been underserved by conventional lenders.”
“As our inhabitants ages, older debtors have blended retirement incomes and evolving necessities so that they’re in determined want of versatile borrowing choices.”
“We’re serving to to ship higher monetary outcomes to these older debtors by inclusive product design, broker-focused instruments, and constantly robust service. These efforts are mirrored in our development and we’re making large strides in direction of our aim of being the primary later life mortgage supplier.”
As a results of the expansion, the corporate has created 12 new roles throughout the enterprise and bolstered its workforce of later life lending specialists. In addition, it has developed and promoted various individuals and is now recruiting to fill their former positions.
The newest appointment consists of Serena Charters, who has joined as head of compliance.
She brings 11 years of expertise, having held compliance roles at well-known corporations, together with Monument, Allica Bank and Bluestone. Her background additionally consists of underwriting, mortgage oversight, and specialist lending.
Diamond provides: “With Serena on board, we’re assured in our continued skill to satisfy and exceed our obligations beneath the Consumer Duty and past.”
