Secured Loans Scotland
New lender launched in Scotland
Specialist whole-of-market lending solutions structured across 90+ UK lenders. Rapid decisions, direct underwriting criteria, and competitive terms for complex borrowing requirements.
- Whole-of-Market Access: Over 10,000 specialist lending products
- Fast Completion Speeds: Dedicated broker underwriting for time-sensitive deals
- FCA-Authorised Guidance: 35+ years independent UK credit brokerage
New lender launched in Scotland
Sorry if this blog is hard on the heels of our new Help to Buy lender yesterday.
However a new complex first charge mortgage lender has just launched in Scotland which we thought you may find useful.
New Scotland lender – Key 1st charge criteria includes:
- RTB – 100% of DPP (75% of OMV)
- High Rise considered
- Up to 3 CCJs / DF’s in last 6 months
- Up to 3 missed payments in last 6 months
- DMP’s accepted current or satisfied
- Rates from 3.44%
- 1 years accounts or SA302’s on all products
- Contractors accepted with 6 months or rolling 3 month contract
- Age up to 85 at end of term
- 100% pension income
- Current income used if more than 10 years from retirement
- Income from 2nd jobs accepted
Also BTL:
- Up to 80% LTV
- Limited Co / LLP – Trading or SPV
- Ex Pats investing in the UK
- Older and retired applicants
- (HMOs)
- 125% Rental covering
Another lender next week
Key Criteria & Application Guidance
Another first charge lender also launched in Scotland yesterday.
They are keeping a low profile but we should be able to update you next week.
They are specialists in credit repair amongst other things and are keeping a low profile for a few days.
We’ll post a blog next week with more information when we have it.
In the meantime, if you have a case you are struggling to place please give me a call.
On capital raising cases please give us a try on second charges too – no one has a larger panel.
Latest Articles
Whole-of-Market Guidance for Scotland Specialist Lending
Securing competitive terms on scotland specialist lending requires expert underwriting knowledge. In addition, our specialist broker team works directly with over 90 specialist lenders across the UK.
Consequently, reviewing your scotland specialist lending options with an FCA-authorised specialist credit broker ensures whole-of-market access while avoiding unnecessary fees and delays.
Specialist Underwriting & Whole-of-Market Access
Because specialist lending facilities require bespoke underwriting, comparing lenders across the UK is essential. Explore our complete guide to Secured Loans Desk to understand how different lending criteria apply to your requirements.
Promise Money is an independent credit broker authorised and regulated by the Financial Conduct Authority (FRN 681423). Our experienced team reviews your specific circumstances to secure optimal terms across 90+ UK lenders.
Key Takeaways: Scotland Specialist Lending Checklist
Additionally, property valuations can often be expedited using automated models, significantly reducing upfront costs and surveyor delays.
Furthermore, specialist secured loan lenders assess affordability using total household income and realistic expenditure assessments.
Consequently, homeowners can secure substantial borrowing amounts even with historic credit blips or non-standard employment income.
Therefore, working with Promise Money ensures you compare optimal rates and terms across 90+ UK specialist lenders.
Specifically, flexible repayment options—including fixed, variable, and interest-only structures—can be tailored to your monthly budget.
Moreover, your existing low-rate primary mortgage remains 100% untouched, avoiding early repayment charges.
In addition, loan proceeds can be used for home improvements, debt consolidation, tax bills, or major personal investments.
Crucially, borrowers facing adverse credit, defaults, or past CCJs can secure competitive homeowner loan terms through our panel.
In practice, our dedicated loan advisers manage the entire application from initial quote through to fund release.
Above all, borrowing against your home equity typically offers lower monthly repayments than short-term unsecured credit.
As a result, homeowners retain complete financial control and enjoy clearer, more manageable single monthly commitments.
Add Promise Money as a Preferred Source
Want fast, expert guidance on UK property finance? Set Promise Money as your trusted source to prioritise our specialist rate guides, market updates, and mortgage analysis in your Google Search and AI results.
Meet our specialist team
Learn about our 35 year story >
Steve Walker
Managing Director – 40 years of experience
Founding chairman of the Corporation of Finance Brokers. Specialist in UK residential mortgages, secured loans, and regulated bridging.
Simon Carr
Commercial Director – Proptech
Specialist in complex mortgages, commercial underwriting, and developer finance. Architect of Promise Money’s automated lending tools.