View here for LiveMore Capital’s latest product announcements. Please remember that you can access their products through our direct to lender mortgage club which pays on completion. NOTE: Some LiveMore products also pay annual ongoing income, also available via our club. Contact us for more information.
We’ve increased maximum loan and adverse limits
To support you and your clients, we’ve introduced improved elements to our range for both maximum loans and adverse.
What’s changing?
Increase in maximum loan:
LiveMore 1, 2 and 3 and Up to 100% Debt Consolidation is changing from £1m to £1.25m
Greater maximum loans are available on referral across the range. Please speak to your BDM
Increase in maximum adverse for LiveMore 4:
Unsecured arrears – increasing missed payments allowable from 3 to 4.
CCJs/defaults (satisfied) from £1500 to £2500.
Debt Management Plans are allowed if satisfactorily maintained and over 3 years ago.
These changes are available across our Standard Capital and Interest, Standard Interest Only, and Retirement Interest Only products.
For any questions please get in touch
020 4525 7754
Contact your local business development manager
Holding our latest rates inc. 5.99% for 5YF
You may have seen some rate changes in the market as swap rates remain volatile.
At present, we continue to hold our lowest rate of 5.99% for a 5 year fixed, on our LiveMore 1 range with a £995 fee, available on Standard Capital and Interest and Standard Interest only.
That new rate was launched on 15th May and continues but may change shortly.
Also this week we’ve increased our loan size on LiveMore 1,2, and 3, and maximum adverse on LiveMore 4. You can see the latest product guide here.
If you want to know more about the changes or refer a loan above £1.25million on LiveMore 1,2, and 3 please do get in touch directly. If I’m on a call the sales number is: 020 4525 7754.
To find out what’s possible you can use our affordability calculator here – but remember that this is a quick calculator and there might be assets or income streams that can help to stretch affordability so don’t be afraid to reach out if you don’t get the result you need.