Related topic: Specialist Lending

Paul McGerrigan, CEO of Loan.co.uk, says while remortgage activity has slowed, homeowners haven't stopped needing capital, and secured loans are increasingly becoming part of the...

The new product provides access to substantial borrowing without the need for regular monthly payments.

The specialist lender provides short-term property finance and secured funding for UK SMEs.

The digital solutions aim to speed up the residential mortgage journey for customers with more complex lending needs.

The first product launch since Octane's acquisition by Aldermore brings back an interest deferral option for portfolio landlords, foreign nationals, and large HMOs and MUBs.

As part of the changes, West One has introduced a new credit tier, Premier Plus, for purchase, remortgage and shared ownership customers.

The acceleration in sales coincides with the FCA’s clarification on affordability assessments, highlighting existing flexibility for lenders.

During the pilot, average application-to-offer times fell by almost 30%.

The new role will help support the lender’s growth, with responsibility spanning financial management, treasury and reporting across its funding lines.

The data points to a clear opportunity for mortgage brokers to support customers who may assume homeownership is out of reach.