The range targets employed and self- employed borrowers exclusively available through specialist distributors.
Andy Golding Group CEO, OneSavings Bank PLC commented:
“The secured loan market is growing and we see opportunities to supply high quality products to this underserved marketplace. Prestige is known for its great broker service and with many years of experience is ready to become a competitive force in this area, including larger loan offerings, targeted at those 1st charge mortgage holders who are unable to remortgage without losing access to their current low tracker and fixed rates.”
The new product range has been developed with input from key distributors. It is a well-priced and competitive set of products designed to provide brokers with an important new alternative source of finance in the re-emerging secured loan market.
For those many brokers who have been used to the special Prestige service over the years, the team with which they are all familiar is in place and looking forward to processing your business. Prestige remains, as it always has done, exclusively committed to intermediaries and their clients.
Prestige is the longest established secured loan lender operating solely in this market in the UK. It employs a highly experienced team to deliver products that meet brokers’ needs for their own clients.
Simon Stern Director, Prestige commented:
“Our key priority is to offer a great proposition and build on the excellent reputation Prestige has built with key partners and grow long term relationships. Prestige has a very experienced team, and together we will work to deliver products brokers can sell as well as providing excellent service.”
