Help your client's reduce their current Secured Loan rate!

Have you introduced a client to a secured loan packager in the past 36 months ?

I have been going through some of our old cases that we completed over the last three years and I'm noticing that most of the cases we completed have high interest rates especially the ones over 18 months old.

I've started to contact the clients ( with the introducing brokers permission of course) and quoted them with today's rates, somebody who 18 months ago only qualified for a 14.95% rate now qualifies for a rate of 7.16% with Blemain and might have been even less if their score was a bit higher to qualify for rates below 6%.

The mortgage broker who introduced the case says they still couldn't offer the client a saving by consolidating the current mortgage and the secured loan due to the mortgage rate currently being 0.5% above the BOE Base rate.

If you have any old cases that you would like me to quote you on the potential savings then please call me on 01625 651663 or email me at [email protected] 

Remember

Secured Loans rates are now from 4.704% which is often cheaper than a further advance or the difference that it would cost your clients to move lenders to raise additional capital on a remortgage.