CSC Loans launches second charge guide for brokers

Learn from the Experts: Second Charge Mortgage Insights to Help You Make Informed Decisions is designed to educate brokers and IFAs about second charge products.

CSC Loans launches second charge guide for brokers

Second charge mortgage master broker CSC Loans haslaunched a guide to second charge mortgages created especially for intermediaries.

Learn from the Experts: Second Charge Mortgage Insights to Help You Make Informed Decisions is designed to educate brokers and IFAs about second charge products to help ensure advisors are ablemake informed decisions when advising clients.

Mark Fry, managing director of CSC, said:“This year, we have seen numerous surveys and articles indicating that there is a gap in knowledgesurrounding second charge products. We wanted to address this and have created a guide to helpinform and educate the intermediary market.

“We are thrilled to have key lenders in the second charge market come on board with this project to help produce this guide.”

The guide, containing lending scenarios, a second charge mortgage and remortgage comparisontable and an outline of the second charge process has been sponsored by Optimum Credit, TogetherMoney, United Trust Bank, Shawbrook Bank, Masthaven, Precise Mortgages and Paragon Personal Finance.

The guide is available to download on the CSC website and hard copies have been sent to key figures in the market.

Robert Sinclair, chief executive of the Association of Mortgage Intermediaries and Association ofFinance Brokers, said: “Mark and the team at CSC Loans are to be commended for driving forward this publication which will assist brokers of all types to better understand the opportunities to helpmore consumers who might not have previously been considered as capable of support.”