Specialist Hub has launched a variety of new second cost merchandise into the market.
The merchandise are focused at prospects who’ve overcome issues with their credit score and can settle for any quantity of County Court docket judgements (CCJ) and defaults. Mortgage arrears within the final 12 months are additionally accepted.
Loans are accepted if at the least 51% of the advance is getting used for enterprise functions, so debt, consolidation and different private makes use of will be thought-about.
Specialist Hub’s wider lending portfolio consists of business and semi-commercial mortgages, regulated and unregulated bridging, specialist buy-to-let, and residential first and second cost mortgages.
Tony Sutton, managing director at Specialist Hub, mentioned: “We’re thrilled to be chosen to assist launch this vary of merchandise aimed to help these purchasers not serviced elsewhere out there.
“This is among the most versatile merchandise I’ve seen in my a few years inside the second cost market.”
Specialist Hub’s lending portfolio consists of business and semi-commercial mortgages, regulated and unregulated bridging, specialist buy-to-let, and residential first and second cost mortgages.
