Some positive signs
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
Some positive signs
If you need a positive shot in the arm here’s some of the more positive news which is circulating.
Let’s hope it makes a difference
New treatments for critically ill patients to begin trials
- Critically ill patients diagnosed with Coronavirus are to begin trials as soon as next week, says Tom Wilkinson, professor of respiratory medicine at the University of Southampton. Trials of an experimental drug that is inhaled to aid the recovery of asthma and chronic obstructive pulmonary diseased could begin as early as Monday at Southampton General Hospital.
- Read the full story here.
No new domestic cases in China
- For the first time since the outbreak began, China has reported no new cases of Coronavirus. Whilst there have been some new cases in the country, these were all recent overseas arrivals, which suggests that the strict restrictions that were imposed have done what was intended and halted the spread of the virus.
- Find out more by clicking here.
UK markets stabilised after interest rates cut
- The Bank of England recently cut interest rates to 0.1%, which massively stabilised markets. Specifically, the BoE governor Andrew Bailey said on Thursday that the move was to quickly calm markets spooked by false lockdown rumours in the UK. In addition, the interest rate cut will allow an extra £200bn of quantitative easing funding, and it is expected that other central banks would soon follow suit.
- For a live update on the situation click here.
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Whole-of-Market Guidance for Specialist Lending Recovery
Securing competitive terms on specialist lending recovery requires expert underwriting knowledge. In addition, our specialist broker team works directly with over 90 specialist lenders across the UK.
Consequently, reviewing your specialist lending recovery 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: Specialist Lending Recovery 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.
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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.