As the growth of the seconds market continues apace expansion into Scotland is a logical step in their development. Now that MCD is fully implemented throughout the business and with only a few specialist second charge lenders active north of the border, Equifinance see this as the right time to expand their product and service offering.
Equifinance’s criteria caters for a wide range of clients, including those with adverse credit profiles and self-employed home owners.
As part of the strategic launch Equifinance are piloting with a few partner brokers initially before it expands its offering to the wider community.
Tony Marshall, Managing Director of Equifinance commented:
“From the broker research we did last year in the run up to MCD implementation, the Scottish market was highlighted as a viable opportunity for the extension of our services, so it’s very pleasing that this is now coming to fruition.
“With the awareness and knowledge of the benefits continuing to grow, our products and straightforward approach are already being well received. Certainly the feedback we have had from our business partners on the expansion is extremely positive and we are all very confident of its success.”