"We want to make second charge a more cost effective option for our advisers to consider when customers are considering a remortgage with capital raising or a further advance"
This follows the recent addition of Central Trust in March and means that the panel now comprises seven lenders.
TenetLime managing director, Gemma Harle, commented: “When we launched our direct to lender second charge panel in November last year, we did so with the aim of creating some real competition in the second charge market. Bringing on new lenders is central to this and Norton Home Loans represents a valuable addition to our line-up.
"We want to make second charge a more cost effective option for our advisers to consider when customers are considering a remortgage with capital raising or a further advance.”
Paul Stringer, Loans & Mortgage Director at Norton Home Loans, added: “We are pleased to be able to now offer direct access to Norton Home Loans as part of the overall range of options we offer Tenet advisers, giving them the choice of whether to sell and package themselves or use our packaging team instead. We have a great reputation for service as well as being able to lend to customers that other groups turn down. We will look at any common sense application for a range of differing customer scenarios and look forward to being a valuable addition to every adviser’s lending panel.”
