c2 launches secured lending operation

c2 secured has opened its doors to business allowing brokers to access over 50 products with ten lenders directly through c2 secured’s panel of lenders which include SPPL, Picture, First National and Prestige Finance.

Commenting on the launch, Justin Caffrey Sales & Operational Director of c2, said “The quality of the individuals working within Zodiac at the time of our acquisition means that we immediately gained people with the skills and experience needed to reliably place and process secured loans for the intermediary market. The qualities required in this market place are very different from those of the first-charge mortgage market.”

The front-end sales will be based at c2 financial’s head office in Fareham, Hampshire but will be ‘virtually connected’ to the underwriting and processing offices in Hertfordshire via the SDS MAPS system.

Roger Taylor, Operations Manager of c2 secured, said: “Brokers can offer benefits to their clients with products such as loans to 125% of the property value, unlimited mortgage arrears, adverse constructions accepted and self-declaration of income accepted all with generous commission rates.”