While the recession led many lenders to withdraw from the market, Blemain Group remained active and maintained its range of products throughout, and last year announced £100 million of new funding to help drive its continued lending to brokers.
Through its Blemain Finance, Cheshire Mortgage Corporation, Lancashire Mortgage Corporation and Auction Finance 4 Brokers brands, Blemain Group is leading the charge to help brokers understand what is available and to reach a wider range of customers.
Nicholas Jones, National Sales Manager, Blemain Group, said:
“Broker feedback is one of the key tools we use to improve our products and services, and getting out to meet them face-to-face is an integral part of this process.
“It’s important to dispel any perception that products have disappeared in the recession or that lending has reduced, because we’ve increased both. From speaking to brokers at the events they’ve told us that demand from the market is strong and that knowledge of additional products is definitely something that could help them grow this year.”
The educational round-table events across the country were designed to explain the recent innovations available to brokers, focusing on the specialist lending market including second charge, secured loans and bridging finance. Recent Blemain Group product innovations include the launch of its lowest ever rate loan and reduced rates and increased LTVs on larger loans up to £500,000.
Nicholas continued:
"This year marks our 40th anniversary, making us one of the oldest specialist lenders in the market and highlighting our wealth of experience and ability to innovate and provide products and services tailored to the needs of brokers and customers alike.
“As the economy continues its recovery 2014 promises to be an exciting time for us, and we look forward to working closely with our brokers to ensure that they’re able to remain competitive and agile in a fast-paced and constantly evolving marketplace.”
