Leon Diamond News Today

Amid the celebrations, Nada appeared to travel to Disneyland Paris, where she and her pals donned masks of her billionaire beau.

Kicking off 2024 with a rate war, lenders showed they meant business this year — much to the delight of borrowers and brokers. Now, the question on everyone’s mind is whether rates will continue to fall. While the rate cuts we have seen so far can be attributed to falling swap rates and the anticipation of interest

LiveMore has launched a lifetime loan with a broad property criteria range.   The over-50s lender says its Property Plus product considers a variety of bespoke features, such as homes with spray foam, being near to commercial property and pylons, non-standard construction, listed buildings and flood risk.    The firm

LiveMore has launched an exclusive packager proposition designed to further broaden broker access to later life lending products for their customers who are aged 50-90+. The packagers LiveMore is working with in this deal are Brightstar, Complete, Brilliant, TFC and Impact. There are two new packager products which

LiveMore has cut prices on selected longer term fixed-rate deals by as much as 46 basis points.   The specialist lender says its changes to interest-only, retirement interest-only and capital & interest products cover:   Fixed for life – rates now start from 6.48%, down by 46bps   5+5-year fixed-rate loan – rates

Almost 400 misleading promotions by later life mortgage firms had to be scrapped or amended, following a review by the Financial Conduct Authority.   The City watchdog’s study looked at firms responsible for around half of all lifetime mortgage sales and found that “in many cases, advice did not meet the standards

LiveMore has launched an affordability calculator, which it says accurately provides the maximum amount of borrowing available on its later life lending product types in a single display.   The specialist lender says keying in answers to a few simple questions such as postcode, property value, customer age and income

Good morning and welcome to your Morning Briefing for Wednesday 16 August 2023. To get this in your inbox every morning click here. Inflation down again The Consumer Prices Index rose by 6.8% in the 12 months to July, down from 7.9% in June. This lower figure has been welcomed by the financial services industry. But,

LiveMore has upgraded its in-house origination platform, which now includes an automated decision-in-principle function.   The later life lender says the feature now gives brokers immediate decisions in principle across its entire product range.   It adds that the function also conducts a soft credit search at the

LiveMore has hired a new director of marketing as the later life lender looks to extend its reach to consumers.   The business has appointed Ben Bailey to the post, and says that although the bulk of its distribution is through the intermediary market, selling “direct to consumers is also on its radar going forward”.