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Second Charge Lending

Specialist Lending Solutions launches Lunchtime Learnings series

Anna Sagar
Written By:
Posted:
September 1, 2022
Updated:
September 2, 2022

Specialist Lending Solutions will host a series of “Lunchtime Learnings” on a wide range of specialist lending topics to provide “food for thought” to brokers.

Specialist Lending Solutions online sessions are free to attend, and the first event of the series will take place on 14 September between 12:30 and 1:15 and will focus on second charge lending.

The first event of the series will take place on 14 September between 12:30 and 1:15 and will focus on second charge lending.

Speakers include Caroline Mirakian (pictured), sales director for seconds at Pepper Money, and Paul Zammit, The Loans Engine’s intermediary options manager.

The session will cover:

  • The growth and increased use of second charge lending.
  • Commonly made mistakes when packaging second charge mortgage cases.
  • How to ensure an application is submitted correctly the first time.
  • How to decide when to use a packager and when to complete a case yourself.
  • The similarities and differences between first and second charges.
  • Why second charges can be processed and completed faster.

Second charge lending is on track to hit £1.7bn by the end of the year, with new post credit crunch lending records set in March and July, making it an increasingly vital tool in a broker’s arsenal.

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