Lender unveils secured loans range

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

The range, available through the Axis secured loan range, is available to accredited Money Partners introducers.

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

They come with a 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 in capital repayment or interest-only options and existing commission rates apply. They are available in Axis plans one to four, and loan documents are available from MoneyPort, Money Partners’ broker website.

Adam Henry, sales and marketing director at Money Partners, says: “Since our launch barely a year ago, we have been an innovator in the thriving secured loans market. Working closely with our introducers, we have designed these products to strengthen our presence in the sector.

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