Secured loan provider is added to Brunel panel

Mortgage and loans packager Brunel Mortgages & Loans has announced secured loan provider Link Loans as the latest addition to its lender panel.
 
Rob Derry, managing director at Brunel, said: “We are delighted to have added Link Loans to our panel. Link’s return to the market has been a breath of fresh air as they have an obvious desire to lend and have set their criteria to reflect that.

“We have now completed our first secured loan through Link and have received the highest quality service. From initial inquiry to completion was less than three weeks and the loan was funded within 24 hours of submission.”
  
Derry said he is optimistic about the future for secured loans business: “After the difficulties of the past few years, we are starting to see an increase in the availability of funds and lenders, and in particular Link Loans setting their criteria to win more of the right business.

“Secured loans are a real opportunity for customers to raise the finance they require and for brokers to make a living. They are a great way for brokers to raise finance for their customers if they have a low mortgage rate or a high early repayment charge, for example.

“They can be used for just about any legal purpose and rates are priced lower than credit cards and most other unsecured finance.”