The Platinum Link product has a 7.9% rate, is available up to 65% LTV for loans from £20,000 to £100,000. This new product enables brokers to provide a secured loan alternative for prime employed and self-employed customers who may be looking for a remortgage facility.
Maeve Ward, head of sales at Link Loans commented:
“There is a pent up demand for customers who have increasingly found first charge lenders preferring purchase applications to refinance business. The Platinum product was designed specifically to offer an alternative solution to a remortgage.
"We believe our platinum product can redefine the role a secured loan plays within the wider mortgage market.
David Johnson, CEO at Link Loans added:
“All Link loans carry no early repayment charges, this allied to such an attractive rate really does mean brokers can offer their customers a very affordable and flexible product.”
“The secured loans market has been through an earthquake in terms of product availability. At Link we are passionate about playing a key role in the rebuilding of a sector that we believe in.
"Secured loans are vital for a healthy intermediary mortgage market, and with our new Platinum product we are shifting the traditional boundaries – this has to be great news for brokers looking for ways to provide more solutions for clients."
