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LiveMore secures up to £250m credit facility from Citi – Mortgage Strategy

LiveMore Capital has secured a credit facility of up to £250m from Citi. The latest announcement takes the total funding raised by the lender since inception to nearly £600m. LiveMore says the new financing will enable it to increase loan originations and grow its portfolio. The credit facility will support ....

Livemore Capital , Leon Diamond ,

One in six over-50s explore equity release due to cost-of-living crisis    – Mortgage Strategy

One in six of the UK’s over-50s say they will need to either sell or release equity from their homes due to the cost-of-living crisis, according to data from LiveMore. The survey from the later life lender’s Barometer survey of 50- to 90-year-olds adds that nearly half of this group expect to be impacted “a lot” ....

United Kingdom , Northern Ireland , Orkney Islands , North East , Leon Diamond , Livemore Barometer ,

LiveMore partners with divorce firm Amicable    – Mortgage Strategy

LiveMore has partnered with online divorce service Amicable to cater for “the emotional and financial stress” involved in ending a marriage. The later life lender, which focuses on those aged 50 to 90-plus, operates by examining the credit history, income, pensions and investments of borrowers. The firms say they ....

Kate Daly , Office For National Statistics , Divorce Podcast , Leon Diamond ,

Quarter of over-50s coping with rising prices: LiveMore

Inflation may be driving up the prices of food and fuel, but a quarter of Britain’s 50 to 90-year-olds say they are not yet being affected by the cost-of-living crisis, new data from LiveMore reveals. However, data revealed that nearly a third were impacted “a lot” by rising prices. In a survey, which looked a the ....

United Kingdom , Northern Ireland , South East , East England , North West , Leon Diamond ,

Former Barclays MD Finlay joins LiveMore Capital on six-month contract

David Finlay has joined LiveMore Capital as an executive consultant and senior executive team member. LiveMore says Finlay has been brought in on a six-month contract to help with its growth plans as it looks to expand its product range. He will work closely with the head of intermediary sales Phil Quinn to build on ....

Phil Quinn , David Finlay , Northview Group , Livemore Capital , Leon Diamond ,