CMME launches second charge advice

The firm, formerly known as Contractor Mortgages Made Easy, is supporting second charge clients who are contractors, business owners and other professionals.

CMME is working with a panel of nine second charge lenders to help those who want to use equity in their property without remortgaging.

The broker has also hired Tammy Chalk from Complete FS as lead second charge adviser.

CMME specialises in contractors and the self-employed and said it was clear second charge mortgages were becoming a more mainstream form of lending.

Getting most out of property

Chief executive Jason Powell (pictured) said: “As market appetite shifts towards longer-term fixed mortgages and increased reluctance to move home, we’ve received lots of queries from our core professional contractor audience about getting the most value out of their property.

“Whether seeking home renovations, or even owning a second home, a second charge mortgage can be a great solution – particularly for those with complex incomes.

“We have a long and successful history of providing first charge mortgage solutions for our clients.

He added: “As we remain dedicated to keeping pace with changing demand, this expansion is just the first of many new product innovations we have in the pipeline – all to be revealed in the coming months.”