The service aims to support intermediaries engage with the second charge market amid strong demand and ahead of Consumer Duty.
Related topic: Second charge
59% of new agreements were for the consolidation of existing loans.
Susan Baldwin, interim head of lending at Evolution Money, explores why second charge mortgages are an increasingly viable option for older borrowers.
The changes include the removal of paper-based application forms and simplified standard requirements.
Susan Baldwin, interim head of lending at Evolution Money, discusses the rebound of the second charge market and why it represents a growing opportunity for advisers and clients.
Second charge lending is now down just 6.49% year-on-year.
The initiative follows the recent move of Anthony Keeble into the newly created role of director of ESG and sustainability.
Jade Keval, sales director at Somo Bridging, discusses why second charge loans are ideal for people wishing to raise funds for all business purposes and why all borrowers should know...
Despite the fall, second charge lending remains 22% higher by volume and 31% higher by value compared to February 2022.
Jasdeep Bhogal, senior regional development manager for London and South at Shawbrook, explores the rising popularity of second charge mortgages and why brokers should ensure that...