Category: Second Charge
Ocean Finance has launched a fully branded version of Nivo’s secure messaging service.
Together’s Prime Plus second charge range is available to network and club brokers through the lender’s specialist distributer partners, and for direct customers.
Second charge lending totalled £91.4m in March 2021, a 31.27% increase on the previous month, according to Loans Warehouse.
The tracker is designed to outline borrower types, average mortgage sizes and LTVs.
Smart Money has reported a surge of broker enquiries for clients who want to better manage their family budgets following the fallout of COVID-19.
Second charge mortgage new business volumes dropped by 40% in January, according to the Finance & Leasing Association (FLA).
MCI Mortgage Club can now offer its members a secured loan referral service through a partnership with Fluent Money.
The total volume of second charge lending reached £69.6m in February which is a 14.4% increase compared to January 2021, according to the latest Secured Loan Index by Loans Warehouse.
West One has reintroduced mortgage products available up to 85% LTV to its second charge range.
The latest episode of ‘A Conversation with Shawbrook’ was hosted by Gavin Seaholme, head of sales for Shawbrook’s property finance division.