Equifinance appoints General Manager
07Nov 2017

Equifinance, the specialist second charge mortgage lender, has appointed the highly experienced Gary Smith as General Manager with overall control of Operations for both New Business Underwriting and Servicing. Gary brings with him 38 years of experience in the lending market with 18 years of tha...

Equifinance announce new products
01Sep 2017

Equifinance have announced that they are to introduce and release a new product range on the 4th September 2017. This includes 5 year fixed rates across their core product range and a promotional reduction in rate on selected products. Equifinance distribute their lending solutions via re...

Equifinance added to TFC panel
20Apr 2017

TFC Homeloans has added Equifinance to its second charge mortgage lender panel. The range of Equifinance second charge mortgages is now available to brokers via the specialist packager. The lender assesses each application on a case-by-case basis and works with clients with a history of advers...

Equifinance report changing customer profile as CCJs soar
21Feb 2017

Equifinance, the specialist second charge mortgage lender, says the profile for customers taking out a second charge mortgage has changed significantly against the backdrop of CCJs in 2016 being at record levels. The Registry Trust reports there were 912,389 county court judgments (CCJs) against ...

80% back second charge lenders’ affordability checks
12Oct 2016

Second charge lenders are factoring in interest rate rises when assessing a loans’ affordability. According to the latest online poll from Loan Talk, 80% of respondents feel second charge lenders are doing enough to factor in interest rate changes when assessing affordability. ...

78% believe self-employed second charge products are competitive
14Sep 2016

Second charge products for the self-employed have been praised for being much closer aligned to the requirements of borrowers and flexibility. A recent poll conducted by Loan Talk found that 78% of respondents felt that self-employed second charge products were competitive with 22% voti...

Tighter underwriting furthers second charge repossession drop
24Aug 2016

The second charge mortgage market has been boosted by Finance & Leasing Association (FLA) research indicating that repossessions have fallen by 40% during the last quarter. This news has been welcomed by the second charge market. Jeff Davidson, head of intermediaries at Fluent ...

CCJs surge shows need for financial help
10Aug 2016

The rise in the number of county court judgements (CCJs) has shown that customers still need help with debt management and provision for access to financial products, according to Equifinance. The Registry Trust has found that there were 419,510 CCJs during the last six months, a year-on-year inc...

Master brokers praise MCD after conversion rates boost
21Jul 2016

Master brokers have reported that the implementation of the Mortgage Credit Directive (MCD) has resulted in a better application to completion conversion rate. Loan Talk reported last week that Enterprise Finance had seen an uplift of around 20% to over 60% in the conversion rates ...

A guide to adverse credit in a regulated market
13Jul 2016

Tony Marshall, Managing Director of specialist lender Equifinance, explains how second charge mortgages can help brokers with clients deemed as ‘adverse’ and the role secured lending can play in helping provide consumers with access to financial products they may otherwise be denied. ...

RT @EquifinanceUK: Clients need an alternative to a re-mortgage? Find out more about our specialist second charge #mortgages: https://t.co/…