Link will now accept loans of £100,000 on its platinum 7.90% Plan and the clients will only need ILA if they are 70 at the point of application.
David Hey, Broker Liaison Officer from Norton Finance, said:
"We are delighted with these changes made by Link Loans. Not only is Link leading the way by having the lowest secured loan rate on the market at 7.90%, their innovative approach to the criteria is excellent news for the secured loan industry.”
Maeve Ward Head of Sales from Link Loans, stated:
"We are always listening to our introducers to find ways to be more unique hopefully with the changes we have announced today it will bring further competition into an already competitive market place.
"We are also delighted with our relationship with Norton Finance and there eye for detail when packaging their application we hope these changes will continue to enhance an already successful partnership with Norton Finance.”
