Its 2-year discount product will start at 3.74% and is available for borrowers with a clean credit history.
Lending was down by 2% year-on-year, 6% quarter-on-quarter and 6% month-on-month.
The panel now has seven lenders following the addition of Castle Trust in March.
A recent case involved a couple who decided to build two properties to let in their back garden.
The newly created role will see Steph responsible for the specialist packagers’ mortagge desk and strengthening its residential and buy-to-let proposition.
The average advertised personal loan rate is 3.5%, however Bank of England data shows new personal loans typically cost 6.9%.
Working in partnership with the University of Bristol’s Personal Finance Research Centre, the trade bodies published a 21 step guide in helping different kinds of customers in trouble called ‘Vulnerability; a guide for debt collection’.
Speaking at the Financial Services Expo Glasgow 2017, Ewing (pictured) said the industry needs up its game to educate brokers on when the products are appropriate.
The second charge distributor is offering the product through provider 1st Stop with a maximum loan of £50,000 and terms from 24 to 300 months.