Product features include:-
• Loans up to £25,000
• LTV up to 70%
• Buy to Let Properties and Semi – Commercial properties considered up to 50%
• Minimal processing requirements
• Benefit income acceptable
• Defaults and CCJ’s under £300 and over 2 years old ignored
• Overpayments accepted without penalty
• Competitive rates of interest
According to Dave Pinnington, V Loans’ business development director, Norton has a lot to offer the intermediary market.
He said “It is great news for intermediaries that V Loans now has access to Norton’s product range. Apart from offering good products and excellent service from our latest lender, this provides yet more evidence that the secured loans market is alive and kicking.”
Stephen Lawrence, group business development manager of Norton Finance UK commented, “We are delighted to be working closely with V Loans. They have a reputation for packaging of the highest quality and their lending background in the second charge industry is apparent in their expertise in dealing with the broker community.”