Jon Sturgess, Head of Sales at Magellan Homeloans, said:
“We’re delighted to have been appointed by L&C as an approved specialist credit repair lender and are looking forward to working closely with their advisers and clients over the coming months.
“This new relationship with L&C, which is an important development for Magellan Homeloans, has been negotiated by our new Regional Sales Manager Phil Hearn, who has been able to make an immediate impact in his new role.
“Our proposition is designed to help borrowers who can explain and document the reasons for their financial difficulties and can demonstrate they have not incurred any new adverse credit during the last 12 months. We don’t use credit scoring, preferring instead to assess applications based on their own merits.
