The lender said it wanted to challenge the ‘financial blandscape’ and use branding to reflect the ‘lifestyle lending’ that the industry requires.
The products are a 1-year fix at 5.3% and a lifetime tracker at 4.4% above the Bank base rate, both to 75% loan-to-value.
It increased loan originations by 14% to £2.6bn over the period, up from £2.3bn in 2016.
Online secured loans distributor, Fluent Money Group has appointed Garry Taylor as chief technology officer to manage the next stages of developing a new IT system
With a focus on new DIP forms, improved technology and faster response times.
Its business loan rates start from 4.08% per year.
In the longer-term business volumes have increased. In the three months to December they were up 7% from the year before, while in the year to December 2017 there were 10% more second charge cases.
Loans Warehouse has a number of second charge lenders on its panel, as mortgage brokers will be able to search updated criteria from 400 second charge loans.
Gopee’s ran a money lending business from August 2012 to December 2016 despite neither having a consumer credit licence from the OFT, nor any authorisation from the FCA.