Secured loans – Not just for problem cases

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

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Not just for problem cases

Last year I ran a series of roadshows for brokers and was surprised by how many still think of secured loans” as a last resort product.

Of course once we started talking about how many of their customers had low base rate trackers, interest only, or were approaching retirement age they started to realise the opportunities they were missing. One broker admitted that, when he can’t recommend a remortgage for reasons such as those above, he puts the client off and files them to be re-contacted in 12 months. He added he had 4 drawers of clients like this and his next job would be to sort through them.

Key Criteria & Application Guidance

It makes sense to deal with clients needs immediately especially with loan rates below 5%. It can be the right outcome for the client, you earn a good introductory commission and you can still look at a remortgage in 12 months and benefit from the low ERC’s on second charge loans. If you don’t someone else probably will and one broker told me that, only 4 months after arranging a remortgage, his client took out a £50,000 secured loan online without him knowing about it. He didn’t previously tell his clients he can also arrange loans. Having missed out on £1500 commission, now he tells everyone.

If you have a bank of clients who have mortgage deals they don’t want to lose, you could be sitting on a second charge gold mine – and you won’t have to dig too hard to find those nuggets. We can give you quotes in around 60 seconds.

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Intermediary Guidance for Prime Second Charge Loans

Structuring competitive terms on prime second charge loans for your clients requires direct access to specialist underwriters. In addition, our intermediary lending desk works directly with over 90 specialist lenders across the UK.

Consequently, partnering with Promise Money ensures whole-of-market broker access, transparent procuration fees, and rapid decisions in principle for your client cases.

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 Specialist Lending 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.

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Key Takeaways: Prime Second Charge Loans Broker Briefing

Additionally, partnering with Promise Money gives intermediaries whole-of-market access across 90+ specialist second charge lenders.

Furthermore, direct access to our specialist underwriting desk protects client relationships while guaranteeing transparent and competitive proc fees.

Consequently, complex borrowing scenarios—including high LTVs, adverse credit, or complex income—are structured efficiently without delays.

Therefore, introducers can submit case details directly online or via phone to secure rapid Decisions in Principle.

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