BISL sharpens lender panel with addition of ‘Spearhead’
Paul Bennington, general manager – administration & compliance at BISL said: “I am delighted to announce the inclusion of Lloyds TSB ‘Spearhead’ to our lenders panel. This unique range of products offer a fully underwritten DIP with a three hour response, 48 hours to offer on cases fully packaged and submitted and online case tracking.”
The products have no higher lenders charge, accept guarantors, allow up to 95 per cent LTV on re-mortgage for any purpose and offer a 0.35% procuration fee.
Bennington added: “These schemes are normally only available to Scottish brokers, but because we are based in Scotland, and have a UK distribution network, English and Welsh brokers can also access these products via BISL.”