Secured Loans Consulting offers 90% LTV

Secured Loans Consulting is offering a 90% LTV secured loan deal provided by a new lender entering the market.

The unnamed lender will only lend to employed applicants over 25 years of age and the max loan amount is £15,000.

Richard Croll, new business manger at SLC, says the product is a sign that confidence is slowly returning to the market.

He says: “We feel this product will assist those borrowers who have been declined on LTV in the passed, because its been an 80% market up until recently, and those brokers who have kept databases of declined cases should revisit these applications and asses their suitability.”