MCI Mortgage Club has announced the launch of a new partnership with Loans Warehouse.
The move gives MCI members more choice of second charge and bridging products.
Second charge mortgages are available from £5,000 to £1m and Loans Warehouse can source products for clients including those with poor credit and a history of arrears.
Loans Warehouse also specialises in the bridging and development finance market and has access to loans from £25,000 to £25m.
Head of MCI Mortgage Club, Melanie Spencer, commented: “As we come out of the COVID lockdowns, we are seeing the second charge and bridging markets picking up. We therefore want to ensure our members have access to the most appropriate products for their clients.
“Loans Warehouse is well known in the second charge market and is now gaining traction as a bridging and development finance specialist. We look forward to working with Matt and the team knowing our members will be in good hands placing business with Loans Warehouse.”
Loans Warehouse managing director, Matt Tristram, added: “We have access to a broad range of products and always aim to find solutions, even for awkward cases. But what we pride ourselves on is our excellent customer service and the importance of building good relationships with lenders, brokers and clients alike.
“MCI members can be assured that we will put their clients first and we can’t wait to start working with them and exploring the opportunities this new partnership will bring.”
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