HLP has a network of over 380 advisers and members will now be able to deal directly with Clever Lending on second charge mortgages and other niche lending products.
Paul Day, sales and development director at Clever Lending, said: “This partnership is a perfect match. In a post-MCD environment, second charge mortgages are quickly becoming a recognised financial solution and we hope to support HLP’s great reputation in adding true value to the network, advisers and their clients.”
Following the introduction of the MCD, enquiries will be processed using Clever Lending’s latest technology, which will assist HLP members in meeting their customer’s needs.
Neil Hoare, commercial director at HLP, said: “Since the new regulations came in March, we know that bringing the second charge option into the adviser/client discussion is important but for many advisers the market is relatively new.
“That is why it is key for us to work with business partners who are not just there to place a case but are seen as an extension of the advisers firm and integral in delivering good customer outcomes.
“We look forward to working with Clever Lending as second charge lending continues its journey into the mainstream secured lending market.”