21Finance launches new packager service for brokers

21Finance has launched a new packager service dedicated to the broker market concentrating on whole of market specialist lending support.

The firm’s offering includes first and second charge mortgages, bridging and development finance.

21Finance, a specialist finance distributor interface, is designed to offer brokers a “one-stop shop” for their specialist lending needs.

The firm has already run a successful pilot scheme with brokers over the last 12 months and built a “stable of lenders” across the specialist lending market.

The group’s head of origination, Ranjit Narwal, said: “Our experience from talking to brokers is that they enjoy the support they get from packagers but find that when their packager of choice becomes too big, service standards can slip, and their clients suffer.

“21Finance is the answer to the question we are often asked by introducers as to where they can go to receive the kind of comprehensive service that will always be scaled to be consistent in its support for brokers. We are convinced that many will benefit from utilising the skills of 21Finance as a first point of contact for their specialist lending needs.”

Ranjit added: “With Consumer Duty now firmly established, we believe that brokers are going to be asked to justify their recommended choices and be scrutinised more closely than ever.

“Brokers are going to be hard pressed to complete the kind of due diligence on their lending choices that is going to be required from now on. 21Finance is designed to facilitate the research process and provide hands on support for all brokers looking to ensure the best recommendations.”

    Share Story:

Recent Stories


FREE E-NEWS SIGN UP

Subscribe to our newsletter to receive breaking news and other industry announcements by email.

  Please tick here to confirm you are happy to receive third party promotions from carefully selected partners.


Helping the credit challenged get mortgage ready
A rising number of borrowers are finding it harder to access mortgages due to being credit challenged - whether that’s from historic debts, a county court judgment, or having little to no credit history.

In the latest episode of the Mortgage Insider podcast, Phil Spencer is joined by Eloise Hall, Head of National Accounts at Kensington Mortgages, and Alastair Douglas, CEO of TotallyMoney.

Air and the role of later-life lending
Content editor at MoneyAge, Dan McGrath, spoke to the chief executive officer at Air, Will Hale, about the later-life lending industry, the importance of tailored advice and how technology and obligations have shaped the sector.


Inside the world of high net worth lending
The mortgage market continues to evolve, and so too does the answer to the question: what is a high net worth individual in today’s market? In this episode of the Mortgage Insider podcast, host Phil Spencer is joined by Stephen Moroukian, Head of Product and Proposition for Real Estate Financing at Barclays Private Bank, and Islay Robinson, founder and CEO of Enness Global. Together, they explore what brokers really need to know when supporting high net worth individuals.

The future of the bridging industry and the Autumn Budget
MoneyAge content editor, Dan McGrath, is joined by head of marketing at Black & White Bridging, Matt Horton, to discuss the bridging industry, the impact of the Autumn Budget and what the future holds for the sector.