Chosen as one of a limited number of new business partners, V Loans, has a strong historic working relationship with Link Loans.
Marie Grundy, operations director of V Loans, commenting on the relationship, said, “It is good to see a lender of Link’s standing back in the market and we are delighted that they have chosen to work with us again, which is a testament to the hard work V Loans has done over the past three years to establish itself as a major secured loans distributor.”
Key product features include:-
• Rates from 11.40%
• Lending to employed and self employed
• Self employed LTV to 70%, employed to 75%
• Loans from £5000 - £30000
• Min property value of £75000
• Lending in England, Wales and Scotland
According to Dave Pinnington, business development director at V Loans, the products are a shot in arm for the industry. He said “The products are competitive and offer a particular facility for the self employed applicant, who has been worst hit by lack of product choice in the past year. Link’s return, backed by a major UK bank, should provide fresh impetus to our market and really help to galvanise new secured loan lending.”
Maeve Ward, sales manager at Link Loans, said, “V Loans has an excellent reputation in terms of the quality of business they introduce and the expertise they demonstrate dealing with their intermediaries, particularly during the difficult trading conditions of the past two years. We are pleased to be working with them and their introducers now the market is recovering and we are proactively seeking new business opportunities.”
