Sponsored by Shawbrook
Welcome to our second charge mortgage and bridging hub, sponsored by Shawbrook Bank. Here you’ll find all the latest coverage of the specialist market with exclusive commentary on the key headlines affecting the sector and market intelligence from top industry experts. Check in regularly for the latest news feed and analysis updates.
As the second charge market continues its journey towards full regulation, the incoming Mortgage Credit Directive on 21 March 2016 obliges mortgage advisers to disclose second charge loans as an alternative to mortgages in client discussions.
With this in mind, Shawbrook has produced a comprehensive guide to a market that has turned itself around since 2011 and hit £75.5m in 2015 . Find out what this market has to offer, the possible benefits to your clients of a broader discussion and lots more in Shawbrook’s packed guide to the market below.
Almost 95,000 home finance complaints to FCA in H2 2023
Complaints about home finance to the Financial Conduct Authority (FCA) came to 94,844 in t...
Equifinance completes £260m second charge securitisation
Second charge lender Equifinance has completed its debut public securitisation of £260m o...
Together cuts personal finance rates and makes second charge changes
Specialist lender Together has lowered rates across its personal finance range, including ...
Pepper Money hires Blunt to second charge team
Specialist lender Pepper Money has appointed Claire Blunt as additional business developme...
Second charges are growing but it’s important to do it right – Pepper Money
2024 has started very positively for the second charge mortgage market. According to the F...
Demand for HMO rises as landlords hunt for higher yields
Rising numbers of landlords are turning to Houses in Multiple Occupation (HMO) to grow the...
UTB lowers first and second charge rates
United Trust Bank (UTB) has made significant rate reductions across its first and second c...
Pepper Money adds payout before consent for second charges
Pepper Money has launched payout before consent for its second charge mortgages to allow t...
OSB Group’s organic originations reach £4.7bn in 2023
OSB Group’s organic originations came to £4.7bn in 2023, which compares to £5.8bn in t...
Highlights of the British Specialist Lending Senate 2024
The growing importance of bank funding, second charge lender innovation, product transfer ...