Specialist lending demand on the up

Jessica Nangle

June 19, 2017

Demand for specialist finance products is up on a yearly basis, figures from The Mortgage Partnership suggest.

TMP has seen a year-on-year increase of 47% in enquiry levels, with offer and completion levels on specialist first charge cases up 50%.

Ian Ward, managing director at TMP, said: “I am delighted to say that introduced business from intermediaries has exceeded all expectations.

“I am in no doubt that with so many high street lenders still very blinkered in their approach to clients who do not have perfect profiles, brokers have to search for appropriate alternatives and that is where TMP and other specialists come in.”

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