Knowledge Bank added second charges and bridging to its live feed as an increasing number of lenders change products or pull lending in these sectors.
CRM is the second product from LenderLink.
The second charge loan was secured against the client’s main London residence.
The agreement will see members of the club provided with access to MT Finance’s first and second charge bridging loan products.
Leap Lending is the first of five new lenders to be added to Loan Warehouse's lending panel in the coming weeks.
The value of second charge new business was £94m in December 2019.
The annual total of repossessions in this market fell to a record low of 98 in 2019.
In 2019 will have seen approximately £1.4bn lent, but second charge mortgages are still an underused solution.
The client needed to raise funds against his main residence.
This represents the fifteenth consecutive month of double-digit new business volumes growth.