This recruitment has supported continued growth at the specialist distributor, which has secured several new network and club contracts, and is now accessible to more than 75% of intermediaries through long-term arrangements.
Selina Finance offers second charge mortgages that can be used as a traditional term loan or flexible drawdown facility.
Simon Mules, commercial director at Optimum Credit, said: “I’d like to welcome Matthew back to Optimum Credit. He has a great pedigree in second charge lending and will be a huge asset to our business and brokers.”
TPFC estimated a reduction in the average application to completion time to less than 20 days.
Searches for ‘maximum LTV’ are either the most, or second most-searched across the second charge, equity release, self-build, bridging and commercial mortgage markets.
Knowledge Bank holds the full criteria of over 250 lenders and has over 125,000 individual pieces of criteria.
RLS facilities are available through UTB’s development finance, structured property finance, bridging finance and asset finance divisions.
Of the wider population, nearly a third (31%) did not know that credit scores are used to check eligibility for credit cards, and 29% were unaware they are used for mortgages or personal loans.
The loan had to cater for both the recommencement of trading and the upgrade of the building.
The lender has introduced four products for purchasing or remortgaging single self-contained properties being let on an approved holiday occupancy agreement, including AirBnB.