Second charge master broker V Loans has implemented Mortgage Credit Directive changes ahead of time.
Second charge master broker V Loans has implemented Mortgage Credit Directive changes ahead of the March 21 deadline.
V Loans has a second charge sourcing and administrative service for brokers who want to retain ownership of the second charge advice.
Marie Grundy, managing director of V Loans, said: “It is clear that mortgage intermediary firms have differing appetites as to how they incorporate seconds within their sales process which is why we have developed separate models to address the needs of our broker partners.
“Ultimately by retaining the option to continue to give their clients access to an extensive range of specialist lending options, it will be hugely beneficial to those borrowers who would have previously been offered a narrower selection of products to meet their financial needs.”
