Shawbrook Bank and Paragon Bank have been appointed to the Personal Touch second charge panel.
Shawbrook’s second charge range includes loans up to 95 per cent LTV to a maximum of £1m, while Paragon offers loans up £500,000 at 85 per cent LTV.
Personal Touch commercial director Dave Edwards (pictured) says: “Second charge has soared in popularity in recent years, thanks in no small part to the innovative approach to criteria and product design of the lenders in the field. Shawbrook and Paragon are among those lenders who are driving the seconds market forward and I am delighted to welcome them to our panel.
“Consumers are starting to catch on to the multitude of benefits and uses offered by second charge products and at Personal Touch we want to be able to give our brokers access to the best providers in the market so that their customers can reap these benefits too.”