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Pepper Money is now able to accept e-signatures on second charge mortgage offer documents, including the mortgage deed. Pepper claims the launch of e-signatures will further increase the speed of the mortgage process. The enhancement will give eligible customers their mortgage offer at the click of a button, reducing
Second charge new business loans slipped by 3% to £96m in December, in a year that saw this type of lending fall 11% to £1.38bn. New second charge loans agreements lifted 3% to 2,161 in the month, while deals struck over the final quarter of the year were down 6% at 7,434. The value of booked agreements fell 8% to
Mortgage network Cornerstone has selected Truffle Specialist Finance as its packager partner for second charge mortgages. Appointed representatives (ARs) of the Cornerstone network will be able to access a wide range of second charge mortgage products through Truffle Specialist Finance. Truffle Specialist Finance
Second charge lending fell in April 2023 to £106m after a bumper March, according to figures reported to Loans Warehouse from second charge lenders. The drop, a not insignificant 17.7%, is considered to be isolated and largely due to April only having 18 working days (compared to 23 for March). May is expected to