Axium brings second charge sourcing into platform with Loans Warehouse

Mortgage sourcing and technology platform, Axium, has partnered with Loans Warehouse to introduce second charge mortgage sourcing alongside traditional first charge mortgages within its platform.

The partnership will help Axium provide advisers with a more comprehensive mortgage sourcing solution, bringing specialist lending opportunities into the same technology environment used for mainstream mortgage advice.

Through technology developed by Loans Warehouse, Axium users will be able to search second charge mortgage products alongside traditional mortgages, helping advisers identify alternative borrowing solutions for their clients without needing to move between separate sourcing systems.

The integration will combine Axium’s mortgage technology with Loans Warehouse’s specialist lending expertise, lender relationships and underwriting capabilities, providing advisers with access to both technology and specialist support.

Gareth Whitehead from Axium commented: “We want Axium users to have access to quality specialist support when a client’s circumstances take them beyond the mainstream mortgage market.

“Loans Warehouse already has a strong relationship with our wider group and has demonstrated the expertise and service standards we want for our advisers and their clients. We’re delighted to extend that relationship to Axium."

Matt Tristram, co-founder and director of Loans Warehouse, said: “We’re delighted to have been chosen by Axium to help bring second charge mortgages into its sourcing platform.

“For too long, second charge mortgages have been treated as a separate part of the market, often requiring advisers to leave their existing sourcing systems to explore the options available.

“We’ve invested heavily in developing our own technology and underwriting capabilities, and this partnership is a great example of how that investment can benefit the wider intermediary market.

“Advisers should be able to consider first and second charge options together, and technology has a huge role to play in making that process simpler, quicker and more accessible.

“Axium shares our ambition to make specialist lending easier for intermediaries, and we’re excited about what we can achieve together.”