Blemain Finance make changes to lending criteria
Norton Finance is pleased to announce that its unique lender, Blemain Finance, has made several criteria changes.
Deprecated: trim(): Passing null to parameter #1 ($string) of type string is deprecated in C:\inetpub\wwwroot\2025.financialreporter.co.uk\htdocs\templates\front-end\partials\article_blockquote.php on line 2
- Lending now up to £500,000
- LTV’s now to 77.50%
- Unlimited Adverse Plan now available
- No Minimum Property Valuation
- Now Lending to Ex-Bankrupt & IVA Clients
Scott Thorpe, Broker Liaison Officer from Norton Finance, said:
"We are delighted with these changes made by Blemain Finance. The huge increase in lending on Secured Loans from £100,000 to £500,000 is a major improvement along with a reduction in their nominal rate to 10.95%.
"This makes it a great alternative to a borrower who is either currently tied into a mortgage with a high Early Repayment Charge or who has a low Standard Variable Rate and doesn’t want to move away from this.
"This makes it a hat-rick of changes by three major lenders within the past week showing that the Secured Loan Market is on the up and the perfect alternative to a remortgage.”
Breaking news
Direct to your inbox:
More
stories
you'll love:
This week's biggest stories:
Santander
Santander launches 98% LTV ‘My First Mortgage’
First-time Buyer
Improved affordability sparks 20% rise in first-time buyers: Nationwide
Blogs
Mark Eaton: Is 2026 the year brokers die out?
Inflation
Further rate cuts dampened as inflation rebounds to 3.4%
Mortgage Rates
Two Big Six lenders increase mortgage rates as swaps rise
Vida
Vida launches high LTV 'Pathway' mortgage range
