Editor's note: This brief was summarised by The Property AI Newsroom from a report by Mortgage Solutions. Read the original article for full details.
LiveMore Introduces Underwriting Hotline for Complex Broker Cases
Specialist lender LiveMore has launched an 'Underwriting Hero Hotline' designed to support brokers handling complex mortgage cases. The hotline connects brokers directly with a LiveMore underwriter, who can answer questions before or during the application process.
LiveMore, which focuses on later life lending, announced in March that it was expanding its services to support borrowers aged 40 and over with complex mortgage needs, both before and during retirement. The new hotline aims to speed up the application process and provide brokers with greater certainty about available options.
The hotline is intended for non-equity release cases and is positioned as a response to increasing complexity in the mortgage market. According to LiveMore, brokers are spending more time on uncertain cases, often facing challenges with lenders who are unwilling to engage. The hotline is designed to address these issues by offering direct access to underwriters who can provide clarity from the outset.
Brokers with applicable cases can book an Underwriting Hero Hotline appointment via the LiveMore website.
This development may be of interest to UK letting agents and inventory clerks who work with clients navigating complex mortgage scenarios, particularly those involving older borrowers or non-standard cases.
Source: Mortgage Solutions