Loan Introducer

Second charge sector grows for seven consecutive months

Wed 15 Nov 2017

Annual second charge lending has increased for seven consecutive months, Enterprise Finance’s second charge report reveals. A total of £979m was lent in the 12 months to September 2017, up from £892m the year before. Lending has increased consecutively year-on-year from March to September. Harry Landy, managing director of Enterprise Finance, said: “The sector has […]

L&G Mortgage Club adds Fluent Money and CSC Loans to seconds panel

Wed 27 Sep 2017

Legal & General Mortgage Club has added Fluent Money and CSC Loans to its second charge panel. They will join existing member Freedom for Intermediaries on the panel, as the trio will now help brokers needing advance on second charge. Danny Belton, head of lender relationships, Legal & General Mortgage Club, said: “The second charge […]

Precise appoints two BDMs

Thu 7 Sep 2017

Precise Mortgages has appointed two business development managers in Claire Aston and Chris Dolan. They will look after intermediaries in the West Midlands and the North East/Yorkshire respectively. Jamie Pritchard, head of sales for Precise Mortgages, said: “I’m delighted that Chris and Claire have joined our expanding sales team. “Brokers in their regions have been […]

Clever Lending promotes Ivan Vizor to head of sales

Wed 7 Jun 2017

Distributor Clever Lending has promoted Ivan Vizor to head of sales. Vizor (pictured) will work with the intermediary market to build business across Clever’s first and second charge mortgages as well as commercial and bridging. Vizor said: “I am delighted to have this tremendous new opportunity to work with our fantastic team in further building […]

Fluent: New sourcing systems vital for secured loan popularity

Mon 22 May 2017

Fluent for Advisers says the next generation of sourcing systems will be invaluable in popularising secured loans among the intermediary community. Tim Wheeldon (pictured), chief operating officer at Fluent, said: “Mortgage Brain’s new sourcing engine is very impressive. “Sourcing facilities like this will go a long way to helping demystify secured loans and give brokers […]

Lending figures don’t reflect market strength 

Mon 13 Mar 2017

Second charge lending figures don’t properly reflect the strength of the sector, according to Tim Wheeldon, chief operating officer of Fluent Money. This comes after the Finance and Leasing Association (FLA) released its latest figures on Friday, which showed a 6% month-on-month decline by value and 11% by volume in second charge mortgage lending. Wheeldon […]

Fluent: All master brokers should be CeMAP qualified

Thu 6 Oct 2016

All master brokers and distributors providing second charge services to intermediaries should be CeMAP qualified, Fluent Money’s chief operating officer Tim Wheeldon says. All Fluent’s client facing advisers have passed CeMAP 3 two years ahead of the requirement set by the Financial Conduct Authority. Tim Wheeldon (pictured), Fluent’s chief operating officer, said: “In our opinion, […]

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