Money Partners launches secured loan range

Money Partners has launched a range of discount secured loan products.

The range, available through the Axis secured loan range, are available to accredited Money Partners introducers with immediate effect.

The products are available for unregulated loans only, up to 100,000 subject to status and LTV.

They come with a full 12 month discount period, up to 2.5% discount for cases with verified income and up to 2% discount for cases with self-cert income.

Products are available as capital repayment or interest-only options, and existing commission rates apply. They are available across Axis plans one to four, and loan documents are available from MoneyPort, Money Partners interactive broker website.

Adam Henry, sales and marketing director at Money Partner, says: “Since launch barely one year ago, Money Partners has proved itself a leading innovator in the expanding and thriving secured loans market. Working closely with our introducers, we have designed these products to strengthen further our already significant presence in the sector.

“Secured loans comprise an important part of our overall offering. We recognised their value and appeal at an early stage, and are delighted to be able to offer our introducer partners this exciting range at a time when enthusiasm for secured loans has never been greater.”