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A secured loan can be used for any legal purpose including: consolidation, home improvements, paying a tax bill or injecting cash into a business.
Customers who own their home may consider a remortgage or equity release as a way of raising money. However, those on a fixed low rate product may face early repayment penalties. If their existing mortgage lender refuses additional borrowing, or if they are wanting the money quickly, then a secured loan may be the preferable option.
Here at Norton Broker Services, we have a whole-of-market panel of secured lenders. This means we are able to help customers from all walks of life.
We offer all our brokers two routes for working with us: You Advise or We Advise.
It’s up to you how you want to submit the case. Either way, Norton Broker Services are here to help.
Each case is assigned a dedicated adviser, who deals with absolutely everything from fact find, to sourcing, to advising on the loan, so your customer has one single point of contact throughout.
Our advisers work hard to get each case the best possible solution for the customer and get their cases through to completion.
Want to know more? Check out these related articles to find out more about our products and how we can help you get the best for your customers.
Our Senior Sales and Development Manager, Sonny Gosai, anticipates a surge in demand for bridging loans in the coming months, driven by borrowers looking to leverage market opportunities.
