Secured Loans: A Flexible Solution for Your Clients

Norton Broker Services has access to a wide panel of lenders, allowing you to find the right product tailored to your customers' needs.

Why Secured Loans Could Be the Perfect Fit for Your Clients

When it comes to offering financial solutions to your clients, flexibility and choice are essential. Norton Broker Services connects you to a wide panel of lenders, giving you the ability to find the perfect product tailored to your customers’ circumstances. One such product that offers unparalleled versatility and benefits is a secured loan.

Versatile Usage: A Solution for Every Situation

One of the most appealing aspects of secured loans is their versatility. Unlike some financial products with strict limitations on how funds can be used, secured loans allow your clients to use the money for a wide range of purposes. Here are just a few examples:

• Debt Consolidation: Simplify multiple repayments into one manageable monthly payment, potentially at a lower interest rate. This can help reduce financial stress for your clients.
• Home Improvements: From upgrading kitchens to adding extensions, secured loans can turn your clients’ property into their ideal home.
• Tax Bills: Help clients who need immediate funds to cover unexpected or overdue tax obligations.
• Business Investment: For clients looking to inject cash into their business, a secured loan can provide the funding needed for growth or operational stability.

This level of flexibility ensures that a secured loan can meet the diverse needs of your client base, making it an essential product in your toolkit.

High Loan Values: Meeting Big Financial Goals

Secured loans can offer substantial borrowing amounts, with loans up to £500,000 readily available and even higher amounts on referral. This makes them an attractive option for clients who need significant funding.

Whether it’s financing a large-scale renovation project or consolidating substantial debt, a secured loan provides the financial power to achieve big goals. For brokers, this means being able to serve clients with diverse financial profiles and needs, from everyday homeowners to business owners seeking larger-scale funding solutions.

Competitive Rates: Market-Leading Options

One of the key selling points of secured loans is the availability of competitive rates. Because the loan is secured against the client’s property, lenders can offer lower interest rates compared to unsecured loans.

As a broker, this is a significant advantage. You’re not only providing a financial solution but also helping your clients save money in the long term.

No Maximum LTV: Expanding Opportunities

We have access to lenders with no maximum LTV, which opens up opportunities for clients who may have struggled to secure funding elsewhere. Whether your clients have a high-value property or only a small amount of equity, we're able to find solutions that cater to their circumstances.

This level of flexibility allows you to serve a broader range of clients, ensuring no one is left behind due to rigid LTV restrictions.

Flexible Terms: Tailored Repayment Plans

Secured loans offer repayment terms of up to 35 years. This flexibility ensures that your clients can find a repayment plan that fits their budget and long-term financial strategy.

For brokers, this is an opportunity to provide tailored solutions that align with your clients’ needs. Some clients may prefer shorter terms to pay off their loan quickly, while others may benefit from spreading repayments over a longer period to keep monthly payments manageable.

Broad Income Acceptance: Inclusive Financial Solutions

One of the challenges many clients face is meeting stringent income criteria set by traditional lenders. Secured loans, however, cater to a wide range of income profiles. This allows you to help:

• Self-employed individuals with variable income
• Clients with multiple income streams
• Those with non-traditional employment arrangements

This makes secured loans an invaluable product for clients who might otherwise struggle to find funding that fits their unique circumstances.

Keeping the Existing Mortgage Intact

Another key advantage of secured loans is that they don’t require your clients to remortgage their property. This means they can maintain their existing mortgage terms and interest rates, which is particularly beneficial if their current deal is highly favourable.

Offering secured loans as an alternative provides a solution that delivers financial stability without disrupting your clients’ existing arrangements.

Why Choose Norton Broker Services?

At Norton Broker Services, we understand the importance of providing brokers with access to the best tools and products to serve their clients effectively. Here’s what sets us apart:

• Wide Panel of Lenders: Access to a diverse range of lenders ensures you can find the perfect fit for your clients’ needs.
• Expert Support: Our team is here to help you navigate the complexities of the market, so you can focus on delivering excellent service to your clients.
• Tailored Solutions: We work with you to understand your clients’ circumstances and identify the best options available..

Contact Us Today

01709 321665 | broker.services@norton-finance.co.uk