It also simplifies its eligibility criteria
Specialist lender Spring Finance has announced changes to its second charge product range, with enhancements which include a lifetime tracker product, a two-year fixed rate, and a new buy-to-let plan.
The lender has also simplified its eligibility criteria, making it easier to place business, as well as improving its terms for hometrack and driveby valuations.
“This is an exciting period of growth at Spring, and we believe these changes will significantly improve our proposition to both our intermediary partners and consumers,” commented Shelley Stern (pictured), director of mortgages at Spring Finance.
“These changes follow recent improvements made to our application requirements and further reflects our ongoing commitment to simplify the application process and enhance our service.”
Andrew Bloom, who has recently taken over as chief executive at Spring Finance, added that the latest enhancements affirmed its commitment to growth and continuing support of the industry.
“We are delighted to release these changes at a time when our intermediaries and consumers are facing a number of challenges,” he said.
