Secured loans lender, Link Loans, has launched of a new product with a 7.9% rate, aimed at the remortgage market.
The Platinum Link product is available up to 65% LTV for loans from £20,000 to £100,000.
Link Loans says the product enables brokers to provide a secured loan alternative for prime employed and self-employed customers who may be looking for a remortgage facility.
David Johnson, CEO at Link Loans, says: “All Link loans carry no early repayment charges, this allied to such an attractive rate really does mean brokers can offer their customers a very affordable and flexible product.
“The secured loans market has been through an earthquake in terms of product availability. At Link we are passionate about playing a key role in the rebuilding of a sector that we believe in. Secured loans are vital for a healthy intermediary mortgage market, and with our new Platinum product we are shifting the traditional boundaries – this has to be great news for brokers looking for ways to provide more solutions for clients. “