Brokers warming to secured loans

Loanoptions.co.uk has just celebrated its first anniversary working with mortgage brokers to promote the benefits of secured loans.

Exhibiting for the first time at Expo this year, Andy Moody, managing director at Loanoptions.co.uk, said: “We have been hammering home the good news message about secured loans and their place in the market since we started in 2004. Coming to Expo for the first time, it has been gratifying to see that our hard work is beginning to pay off.

"The majority of mortgage brokers we spoke to were very open to the possibilities offered by loans and we have been delighted by the response. The regulatory climate has persuaded more brokers to think outside the confines of remortgaging and the opportunities afforded by a combination of good advice, Loanoptions’ service and a different income stream have been an irresistible combination. The secured loan option is here to stay."