Mortgage News
V Loans to access product from private funder
Secured loan packager V Loans has been selected to have access to a new secured loans product from a private funder.
The key features of the product include a maximum loan of £15,000 and a term of 10-25 years. Deals can be submitted today as the product is now available.
Dave Pinnington, development director of V Loans, said the product fills a critical gap in the market, particularly for clients who have been hamstrung in the reent past with debt management plans or bankruptcy.
He added: “The market is beginning to come alive and with a new funder this has got to be an early Christmas present for the industry, hard pressed intermediaries and their clients.”
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