Secured loan provider Prestige Finance has become the latest addition to the Mortgage Times' secured loans panel, increasing the number of lenders to seven.
"We have seen a sea change with many more Advisors realising that secured loans are now often the primary way to tidy of personal debts, as the main mortgage needs to be left intact due to their low rates," explains Richard Stokes, director of product & provider development at Mortgage Times.
"Unlike most lenders Prestige Finance provides loans to applicants looking to repair their credit profiles which should enable advisors to reach more customers."
Simon Stern, director at Prestige Finance, adds: "We are again delighted to be working with the new secured loans team at Mortgage Times, a company we have had a close relationship with for a number of years.
"We are looking forward to assisting them in completing cases whilst continuing to support the Secured Loan industry during these difficult and challenging times."IFAonline
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