The Specialist Lending solution

Smart Money are a specialist master broker offering four key areas of specialist lending including Second Charge Mortgages, Buy-To-Let, specialist first charge and Bridging loans. Second Charge Mortgages According to the FLA demand for Second charge mortgages are strong and is now at a decade high. The versatility of second charge mortgages are being recognised …

Second Charge Mortgage for home improvements

As the Brexit debacle continues and the general election campaign well under way, uncertainty continues. By staying put a second charge mortgage could be the solution for home improvements. Home buying conditions According to Nationwide house prices barely moved in October as property inflation remains below 1% for the 11th month in a row. Home …

Brokers remain optimistic about second charge lending growth

98% of brokers believe Second Charge Lending volumes will continue to increase over the next 12 months according to survey data from insights. 53% of advisers expect lending volumes to continue to rise and the remaining 45% expect volumes to remain steady. The drive behind this is due to Second Charge rates continue to fall …

Breaking News: Masthaven Reduces rates on Second Charge Residential Range

Today one of our specialist lenders Masthaven have reduced all their rates on Second Charge Residential Mortgage Range. Rates now start from 3.64% to 4.39%. There are no early repayment charges across the range too. The Masthaven Second Charge Range also benefits from no minimum credit score. The new rates are appealing and demonstrates competition …

FT Adviser – Changes to Regulation of Second Charge Mortgages

Historically, second charge mortgages were regulated by The Office of Fair Trading, but as of 1 April 2014 regulation passed to the Financial Conduct Authority, which took up the consumer credit element of the now disbanded body. Matt Tristram, owner and co-founder of Loans Warehouse and Clearly Loans, says the industry is currently in an …