Loans Warehouse has announced the pilot launch of a new second charge lending product for landlords in partnership with Scroll Finance.
Scroll Finance recently became a subsidiary of Perenna Group, which also owns mortgage lender Perenna Bank.
The product is being launched ahead of the regulated product coming in early 2026, and fills a gap in the second-charge market, Currently less than 5% of total second charge lending is on non-residential product.
The new product offers rates from 7.05% up to 75% LTV and loan sizes up to £200,000, with a new maximum loan size of up to £1 million set to launch shortly.
Landlords with up to 10 properties in their portfolio can borrow against single or multiple security properties, including HMOs.
A flexible Home Equity Line of Credit (HELOC) option is also available, allowing borrowers to delay fund release and reduce interest costs.
Matt Tristram, co-founder of Loans Warehouse, commented: “For a long time now we’ve been advocating for more second charge products for landlords and Scroll Finance’s new product range is not only market-leading for rate, but dynamically priced, a first for buy-to-let second charge. The process will surprise many with the ease of the customer journey, including AVM, 1 on 1 case support and use of Open Banking.”
John Webb, Head of Lending at Scroll Finance, added: “We’re delighted to be working with Matt and the Loans Warehouse team on this pilot. At Scroll, we’re focused on delivering financing solutions for homeowners and landlords that combine certainty, speed and a high-quality service experience. With competitive products and a modern approach to secured lending, we’re pleased to support Loans Warehouse in offering their clients a compelling new option that meets the real needs of landlords.”
