Specialist Hub has launched a number of new second charge products into the market.
The products are targeted at customers who have overcome problems with their credit and will accept any amount of County Court judgements (CCJ) and defaults. Mortgage arrears in the last 12 months are also accepted.
Loans are accepted if at least 51% of the advance is being used for business purposes, so debt, consolidation and other personal uses can be considered.
Specialist Hub’s wider lending portfolio includes commercial and semi-commercial mortgages, regulated and unregulated bridging, specialist buy-to-let, and residential first and second charge mortgages.
Tony Sutton, managing director at Specialist Hub, said: “We are thrilled to be chosen to help launch this range of products aimed to assist those clients not serviced elsewhere in the market.
“This is one of the most flexible products I have seen in my many years within the second charge market.”
Specialist Hub’s lending portfolio includes commercial and semi-commercial mortgages, regulated and unregulated bridging, specialist buy-to-let, and residential first and second charge mortgages.
