October 12, 2018
October 12, 2018
You already know under MCOB rules, even if you don’t have Second Charge permissions, you have to as an absolute minimum – tell clients that the option exists and that it may be better for them.
Common situations:
Typical clients:
Think they’re difficult to place? Here’s our advice on overcoming the 6 major challenges with placing Second Charge mortgages.
With rates from 3.65%, LTV up to 95% and lending criteria up to £2m – Second Charges can be used for a wide variety of reasons, and clients. So why not contact us now?
For a quick chat, a meeting to discuss opportunities, or a more complicated deal on your desk – drop us a line or give us a call today on 020 8731 5333.
This information is intended for professional intermediary use only and must not be distributed to potential customers.
Enterprise Finance Ltd is authorised and regulated by the Financial Conduct Authority. Firm Reference Number: 302964. Certain types of loans are not regulated, for example loans for business purposes or certain buy-to-lets. Enterprise Finance Ltd is registered with the Information Commissioners Office.
Registration Number: Z6765361 Enterprise Finance Ltd is registered in England and Wales. Company Number: 04440152. Registered Office Address: 3rd Floor, Premiere House, Elstree Way, Borehamwood, Hertfordshire. WD6 1JH.
This information is intended for professional intermediary use only and must not be distributed to potential customers