The Loans Engine expands second charge team

Broker has big growth plans for 2022

The Loans Engine expands second charge team

Specialist finance broker The Loans Engine has added three new trainee advisors to its second charge team as part of its ambitious plans for 2022.

“We have big growth plans for 2022 and so expanding our teams further is a core goal of ours throughout the rest of the year,” Paul Zammit, head of regulated mortgages at The Loans Engine, said.

According to Zammit, there was significant demand for second charge borrowing over the past 12 months.

“Expanding our advisor teams has therefore been critical to ensure that we continue to deliver an exceptional service to our intermediaries and clients. Over the next year, we anticipate the demand for second charges to increase further, as the cost of living rises and a greater range of people become reliant on taking out credit to clear debts,” he said.

The increase in the company’s advising team also created demand for a new team leader, who will focus on the trainee’s training and development.

The Loans Engine has consequently promoted to that position one of its top advisors, Daniel Duggan, who has been with the company for the last eight years and has been an invaluable member of its second charge team.

“We’re always looking for ways to invest in the talented people within our team and so we’re extremely excited about Dan’s progression within the company. We know that Dan will be a fantastic mentor to our new advisors and we’re looking forward to seeing the results that the team will bring over the year,” Zammit said.