About LiveMore Mortgages

LiveMore Mortgages offers online mortgage lending specifically tailored for borrowers aged 50 to 90, utilizing a flexible assessment model that considers various income sources, including pensions and rental income. The platform addresses the challenge of securing mortgage financing for older individuals by providing customized mortgage options, such as interest-only and lifetime mortgages, to support their financial needs.

```xml <problem> Individuals aged 50 to 90+ often face challenges in securing mortgage financing due to traditional lending models that do not adequately consider diverse income sources common in this demographic. Existing mortgage products may lack the flexibility to accommodate the unique financial circumstances of older borrowers, such as reliance on pensions, rental income, or self-employment earnings. This can limit their ability to remortgage, purchase new homes, or manage their finances effectively in later life. </problem> <solution> LiveMore Mortgages provides tailored mortgage solutions for borrowers aged 50 to 90+, offering a range of products designed to meet their specific needs. The company utilizes a flexible assessment model that considers various income streams, including pensions, rental income, salary, self-employment earnings, and investment income, to determine affordability. LiveMore offers a variety of mortgage options, including standard capital & interest, standard interest-only, retirement interest-only, and lifetime mortgages, providing customers with the ability to design a mortgage that aligns with their financial goals. The company emphasizes a human-centric approach, ensuring customers can speak with a dedicated team member throughout the mortgage process. </solution> <features> - Flexible income assessment considers pensions, rental income, salary, self-employment, and investment income. - Offers standard capital & interest, standard interest-only, retirement interest-only, and lifetime mortgage options. - Provides a range of fixed-rate options. - Features an online calculator to estimate borrowing potential. - Dedicated support team provides personalized assistance throughout the mortgage process. </features> <target_audience> The primary target audience includes individuals aged 50 to 90+ seeking mortgage financing for remortgaging or purchasing a home, as well as intermediaries seeking suitable mortgage products for their older clients. </target_audience> ```

What does LiveMore Mortgages do?

Where is LiveMore Mortgages located?

LiveMore Mortgages is based in London, United Kingdom.

When was LiveMore Mortgages founded?

LiveMore Mortgages was founded in 2018.

How much funding has LiveMore Mortgages raised?

LiveMore Mortgages has raised 303860000.

Location

London, United Kingdom

Founded

2018

Funding

303860000

Employees

54 employees

Major Investors

Citi

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LiveMore Mortgages

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Executive Summary

livemoremortgages.com 3K+

Crunchbase

Founded 2018 – London, United Kingdom

Funding

Estimated Funding

$200M+

Major Investors

Citi

Team (50+)

No team information available.

Company Description

Problem

Individuals aged 50 to 90+ often face challenges in securing mortgage financing due to traditional lending models that do not adequately consider diverse income sources common in this demographic. Existing mortgage products may lack the flexibility to accommodate the unique financial circumstances of older borrowers, such as reliance on pensions, rental income, or self-employment earnings. This can limit their ability to remortgage, purchase new homes, or manage their finances effectively in later life.

Solution

LiveMore Mortgages provides tailored mortgage solutions for borrowers aged 50 to 90+, offering a range of products designed to meet their specific needs. The company utilizes a flexible assessment model that considers various income streams, including pensions, rental income, salary, self-employment earnings, and investment income, to determine affordability. LiveMore offers a variety of mortgage options, including standard capital & interest, standard interest-only, retirement interest-only, and lifetime mortgages, providing customers with the ability to design a mortgage that aligns with their financial goals. The company emphasizes a human-centric approach, ensuring customers can speak with a dedicated team member throughout the mortgage process.

Features

Flexible income assessment considers pensions, rental income, salary, self-employment, and investment income.

Offers standard capital & interest, standard interest-only, retirement interest-only, and lifetime mortgage options.

Provides a range of fixed-rate options.

Features an online calculator to estimate borrowing potential.

Dedicated support team provides personalized assistance throughout the mortgage process.

Target Audience

The primary target audience includes individuals aged 50 to 90+ seeking mortgage financing for remortgaging or purchasing a home, as well as intermediaries seeking suitable mortgage products for their older clients.