Lunch with LiveMore Mortgages
SDAX recently co-hosted an investor lunch at Sommer Dining with Leon Diamond, CEO and Founder of LiveMore Mortgages. Leon provided insights on the later-life mortgage market in the UK and mortgage backed investment opportunities. LiveMore Mortgages deeply understands the unique needs of the oft over-looked demographic of homeowners aged 50-90. LiveMore Mortgages take a holistic approach in their mortgage solutions which go beyond the traditional bank mortgage product, and have built a loan book of nearly GBP200m, an average loan-to-value ratio of 46% with zero defaults. This speaks to the leadership of their seasoned management team which has driven their innovative approach to the mortgage market. SDAX is working with LiveMore Mortgages to provide investors opportunities to participate in mortgage backed securities on the SDAX platform and to access a product that makes an impact on an underserved demographic of an ageing population.