Loanoptions.co.uk’s full advice service based on a whole of market lender panel, backed up by online sourcing, case tracking and full audit and management information has already been very well received by leading companies such as Home of Choice, Intrinsic Financial Services and Premier Partnerships
Andy Moody, managing director of Loanoptions.co.uk, said “We have always advocated that secured loans could be a viable alternative to remortgages. Networks and companies responsible for Appointed Representatives have realised that unless advisers are able to refer a route for secured loans as an alternative to remortgaging, they could be in breach of TCF. The problem is then compounded by the concern over consultants accessing sources for secured loans that could later be regarded as unsatisfactory because of the lack of breadth in the lender panel offered.”
