New products are targeted at customers who have overcome problems with their credit
Specialist finance broker Specialist Hub has announced an exclusive partnership with private investors to introduce new second charge products to the market.
Aimed at customers who are rebounding from credit challenges, the new products are designed to accommodate individuals with any number of county court judgements (CCJs) and defaults, including those with mortgage arrears in the past 12 months.
Loans will be available provided that at least 51% of the funds are used for business purposes, allowing for a degree of flexibility in terms of debt consolidation and other personal financial needs.
“We are thrilled to be chosen to help launch this range of products aimed to assist those clients not serviced elsewhere in the market,” said Tony Sutton (pictured), managing director at Specialist Hub. “This is one of the most flexible products I have seen in my many years within the second charge market.”
Specialist Hub’s lending portfolio includes commercial and semi-commercial mortgages, regulated and unregulated bridging, specialist buy-to-let, and residential first and second charge mortgages. With four decades of experience in the specialist finance market, it provides products for mortgage brokers, independent financial advisers, and other industry professionals.
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