It aims to educate brokers and IFAs about second charge products to help ensure they are able to make informed decisions when advising clients.
The guide contains lending scenarios, a second charge mortgage and remortgage comparison table and an outline of the second charge process.
Association of Mortgage Intermediaries chief executive Robert Sinclair said: “Mark Fry and the team at CSC Loans are to be commended for driving forward this publication which will assist brokers of all types to better understand the opportunities to help more consumers who might not have previously been considered as capable of support.”
CSC Loans managing director Mark Fry said: “This year we have seen numerous surveys and articles indicating that there is a gap in knowledge surrounding second charge products.
“We wanted to address this and have created a guide to help inform and educate the intermediary market.
“We are thrilled to have key lenders in the second charge market come on board with this project to help produce this guide,” he added.
The Learn from the experts: second charge mortgage insights to help you make informed decisions guide can be downloaded from the CSC website.