Speaking on behalf of Blemain Finance, Director, Gary Bailey, said: “We greatly regret that GE Home Money has decided to withdraw its igroup brand from the 2nds market and hope to see it recommence lending soon.
“Blemain Finance operates in a very similar area of lending to igroup and we are therefore well positioned to help brokers who have been caught out by igroup’s withdrawal. We still have a strong appetite for new lending with excess funds available. Our distribution channels are expanding rapidly, with new brokers being accredited to package daily.
“We cater for all income sources including self-cert, any property and any status of client up to 75% LTV. Similar to igroup, our product range caters for a wide spectrum of clients, from those with good credit histories to those who have had difficulties in the past, so we are well placed to assist brokers who have been affected by igroup’s departure.”
