Grace was previously director at needaloan.co.uk for six years, as he brings a wealth of financial services experience to the niche second charge market.
Tony Sutton, managing director of Specialist Financial Services, said: “I am delighted to capture someone of Darren’s experience and undoubted ability.
“Having had many years’ experience of running his own brokerage, which included being the provider of second charge loans to Personal Touch, he is the perfect fit to take us forward in these exciting times for the second charge industry.”
Simon Stern, director of Prestige Finance, added: “We have known and worked closely with Tony and his team for some while.
“We have also known Darren for several years and are delighted that he has joined Tony and we look forward to working closely with him as we look to continue to expand our second charge loan offering through brokers such as Specialist Financial Services.”
Darren Grace said: “I’m excited to be part of the growing team at a time when the industry is undoubtedly facing many challenges from FCA regulation.
“I’m looking forward to working in a more entrepreneurial environment and building the secured loan arm of business, allowing us to offer a trusted experienced department for intermediaries to introduce business.”