MI strikes secured lending deal

Mortgage Intelligence has completed an exclusive deal with finance broker Norton Finance in the secured lending second charge sector whereby clients can borrow up to 125% LTV with a term from three to 30 years at interest rates starting from 6.3%. Norton will provide a same day decision in principle as well as keeping members updated throughout the application process.

Sally Laker, managing director of MI, says: “This is what brokers have been asking for – genuine choice and service in the secured lending sector.”

The secured loans are available for most purposes including buy-to-let, high-rise flats and Right to Buy.