Jimmy Allen, broker account manager at Norton Broker Services, takes a look back at drivers of growth in the specialist lending market in 2024 and why increasing consumer education...
Related topic: Second charge
In the ten months to October 2024, new business volumes were 17% higher than in the same period in 2023.
19% would also consider it to provide a deposit for a family member to buy a home.
Norton has joined finova's mortgage club lending panel.
Consumer buy-to-let, regulated bridging loans and all standard variable rate products remain unchanged.
Jonny Jones, CEO at Interbridge Mortgages, explores what brokers need to know about the current second charge lending landscape and the lessons he's learnt from Interbridge's recent...
OMS users can now generate second charge quotes from Selina at the click of a button.
So far this year, lending is up by 16% compared to 2023.
Donna Francis, managing director at Envelop, says the second charge sector has become an increasingly viable option for a variety of borrowing needs and warns brokers to "ignore...
Second charge mortgages are the only product to grow in popularity since the 2022 mini-Budget.
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