Spring Finance releases first charge products

Spring Finance has released a range of first charge residential remortgage products, available on a pilot basis.

The range mirrors the lender’s existing second charge suite, and was developed in order to cater for customers who require a specialist finance solution.

This development followed a series of product and process improvements implemented earlier this year.

Paul Carley, head of sales for mortgages at Spring Finance, said: “The launch of this product range demonstrates our ability to respond to intermediary feedback and promptly bring a product to market.”

Shelley Stern, director of mortgages at Spring, added: “We are delighted to launch our first charge range and believe the product serves a customer need in an area of the market that is currently underserved.

“This latest enhancement to our product range affirms our commitment to growth and continuing support of the industry.”