Sonny Gosai

Clever Lending in drive for second charges

Clever Lending has realigned a number of business processes to continue its drive to be the leading master broker in the seconds market. With a focus on new DIP forms, improved technology and faster response times, the new initiatives will …

Money

Second charge mortgage new business volumes grow in 2017

Second charge mortgage new business volumes continued to grow in 2017. Commenting on the 2017 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & Leasing Association (FLA), said: …

Second charge mortgage repossessions fall to a record low

New figures released by the Finance & Leasing Association (FLA) show that the number of second charge mortgage repossessions in 2017 was 105, 27% lower than in 2016. In the final quarter of 2017, the number of repossessions was 27, …

West One Loans partners with Fluent Money Group

Leading specialist second charge lender, West One Loans, has announced a new partnership with Fluent Money Group, the UK’s largest master broker for secured loans, to offer its range of residential and buy to let products. Today’s announcement comes after …

Matt Cottle

SMG launches second charge API tool

Specialist Mortgage Group (SMG), the South Wales based brokerage group has launched Lenderlink, a lender-integrated API system designed specifically for second charge loan brokers. The tool has been developed and used internally by SMG over the last year and it …

West One Loans launches second charge buy-to-let lending

West One Loans, a leading specialist lender, has today announced it is launching a range of second charge buy-to-let products. The move is part of West One’s expansion of its lending range into longer-term second charge mortgages, and is a …

Matt Cottle

2018 predictions for second charge loans

A clever person somewhere once said that the more expert a person in any given subject the less likely it is that their predictions will turn out to be correct. I just thought it would be prudent to get that …

Second charge mortgage market up 20% in October

Second charge mortgage new business growth in October according to the Finance & Leasing Association. Commenting on the October 2017 new business figures for the second charge mortgage market, Fiona Hoyle, Head of Consumer and Mortgage Finance at the Finance & …

Mansion

Clever Lending arrange £500k second charge for mansion makeover

Clever Lending, the master broker, has arranged a second charge mortgage of £500,000 for an historic mansion in Shropshire to complete restoration to its former glory. Nestling in seven acres of gardens and woodland, and with a market value of …

Clever Lending joins XPLAN Mortgage for seconds sourcing

Clever Lending, the master broker, has joined IRESS’ XPLAN Mortgage sourcing platform, enabling brokers to compare second charges with re-mortgage products Key features include transparency of fees, which will be displayed upfront to give brokers an informed choice when it …

FEATURED ARTICLES

The Five Minute Interview with Sam Kirtikar, managing director, Clever Lending

Clever Lending are a second charge master broker focused on making secured loans more accessible to you and your clients. One of their most important objectives is to ensure they work closely with you and support you in providing compliant …
Tim Wheeldon

Fluent Money – Let’s treat mortgage brokers fairly

Fluent Money’s Joint Managing Director, Tim Wheeldon, has warned that to win over more intermediaries to the second charge alternative to remortgaging, the industry must be clear on its facts. Fluent Money, the UK’s largest second charge broker, gained its …

Shawbrook provides guidance for brokers on FCA permissions

Shawbrook Bank’s Commercial Mortgages division has released its own set of guidelines around FCA permissions to support brokers following the transfer of responsibility for regulation of consumer credit business from the OFT to the FCA. The guidelines are the latest …

Case Study: Buy to Let Secured Loan

  We caught up with James Rainbird, Managing Director at Pink Pig Loans who told us about a recent buy to let secured loan: “Here at Pink Pig Limited we received a joint application requesting a £100k secured loan on …

How can brokers enhance their offering by using a packager?

  Vantage Finance is one of the UK’s leading specialist packagers. Established in 2004, its expert team offers secured loans, buy-to-let mortgages, commercial finance, short term loans (bridging loans) and development finance for intermediaries. Lucy Hodge, Director of Vantage Finance, …

Surveying – The ever changing landscape

  It is fair to say over the past 6 years, the landscape of property finance has changed. The industry we see today is almost unrecognisable from the heady days of 2006, when basically the only criteria in obtaining a …

Shawbrook launches secured loan buy to let product

  Rates from 9.95% The 9th of April sees the launch of a market leading second charge buy to let product from Shawbrook Bank. This new product will help customers raise finance against their residential investment property. Shawbrook is blazing a …