Category: Secured Loans News

An Evolving Market

David Robinson, sales and distribution director for residential mortgages at Shawbrook Bank, takes a look at the future of second charge mortgages Some people may have felt that the introduction of the Mortgage Credit Directive (MCD) in 2016 would stifle the second charge mortgage market due to the increased scrutiny and regulation. I’m pleased to […]

Spicing Up The Sector

Can Pepper help provide additional flavour to the second charge maket, asks Simon Mules, commercial director at Optimum Credit Well the news is out! Optimum Credit Limited, the second charge market leader, has been acquired by Pepper Money (PMB) Limited; subject to formal FCA approval. What does the future hold? Laurence Morey, chief executive officer […]

The Right Answer

Tony Marshall, managing director of Equifinance, looks at various scenarios where second charges can be the perfect fit The second charge market is in good shape. The FLA reports that new business in July was up 6% by value and 5% by volume, with growth expected to continue in 2018. New business volumes in the […]

Free & Easy

Why would a distributor give its sourcing system away to its competitors? BestAdvice’s Kevin Rose went to SMG in search of the answer At the beginning of 2018, Specialist Mortgage Group (SMG) unveiled Lenderlink, a lender-integrated sourcing system designed specifically for second charge loan brokers. Lenderlink is a technology solution, developed and used internally by […]

17 years ago, this is how it started…

The first decade 1998 – 2007 In the wilderness – Feb 1998 “I really think you should meet this company”, said the recruiter, a girl by the name of Liz, barely older than myself. “The boss is very charismatic, he’s seen your CV and he wants to see you ASAP!” It did sound great: a job in finance sales. Loans or something. Probably […]


Site visits are an important part of the development finance journey, says Masthaven’s managing director of short-term lending, James Bloom I’ve just returned to the Masthaven office following a site visit to one of our most exciting- and rewarding- development projects. This week I drove out to Arden Grange, a high-end development in Tamworth-in-Arden, Warwickshire, […]


Simon Mules, commercial director at Optimum Credit, takes the temperature of the second charge market If the second charge market was gauged by the weather, we’d love to say we were having a ‘scorcher’ of a start to the first half of 2018, but as a market that’s not quite true! Let’s be clear, in […]


Lender choice is crucial for developer exit loans, writes Darrell Walker, head of sales at InterBay Commercial Short-term finance has become an increasingly popular financing option amongst property developers looking to finance their next project in order to keep their property pipeline moving. With the relatively flat property market we are currently experiencing some finished […]


Karen Bennett, managing director of commercial mortgages, Shawbrook Bank, examines the commercial property investment market Given the array of changes affecting the residential investment market, it was perhaps somewhat predictable to see a resulting uptick in commercial investment enquiries. The prospect of the 3% surcharge on SDLT for residential and the impact of section 24 […]