Spring Finance returns to second mortgage market

Spring Finance has returned to the second mortgage market following the withdrawal of its products in March 2020.

Spring Finance returns to second mortgage market

Spring Finance has returned to the second mortgage market following the withdrawal of its products in March 2020.

The lender specialises in credit repair products and its offerings will now again be available to consumers.

While new business was temporarily closed, the lender did continue to offer its products to existing customers.

Graeme Wade, head of sales at Spring Finance, said: “Following the outbreak of the COVID-19 pandemic, Spring made a tough decision to temporarily withdraw from accepting new business.

“Our team at Spring have done, and continue to do, an amazing job in understanding and finding suitable solutions to the problems some Spring customers faced following the nationwide shutdowns.

“We feel that now is the right time to re-launch Springs second mortgage product offering, albeit with a cautious approach, to our valued broker partners.

“With the road map now in place we can all see the light at the end of the tunnel. Springs doors are back open and we look forward once again to making those complex cases, simple”