LiveMore has joined the Twenty7tec affordability tool, RESEARCH.
The platform supports over 17,000 advisers with product sourcing, applications and data analytics.
Maximum borrowing amounts are obtained from the LiveMore Mortgage Matcher and are based on the affordability of mortgage payments throughout the term of the loan, rather than an income multiple.
The Mortgage Matcher filters more than 250 products across multiple categories, including standard capital and interest, interest-only, part-and-part, retirement interest-only and lifetime (equity release) mortgages.
Leon Diamond, CEO of LiveMore CEO, commented: “Joining the Twenty7tec affordability tool makes it easier for mortgage advisers to find out how much LiveMore can lend. We have recently removed our loan to income caps to ensure we are helping as many borrowers as possible to achieve their home owning goals.”
James Tucker, CEO of Twenty7tec, said: "We are always looking to add lenders to our affordability tool to ensure the best possible outcomes. LiveMore will be a great addition that will enhance the Twenty7tec affordability tool for all our advisers to use."
Rosheen Hastie, lender national account manager at Twenty7tec, added: “We are thrilled to work with LiveMore and are pleased to have added their affordability tool which is now available via RESEARCH. We’re pleased intermediaries can now benefit from increased visibility of LiveMore’s affordability and support their growth.”
