Spring Finance increase their loan product range

Spring Finance is one of the most flexible secured loan lenders in the industry. They allow up to 6 months current mortgage arrears, ignore all unsecured credit when calculating income and by increasing its maximum loan from £,35000 to £50000, they now have the largest high adverse loan product in the industry.

Some additional criteria highlights are:

- Available for BOTH Residential or BTL customers

- Max 6 months current arrears

- Any amount of CCJs or Defaults accepted

- Employed or Self Employed available

- Max LTV 65%

Spring Finance has also stated they will look at cases which fall outside terms, on an individual basis.

Matt Tristram, Director at Loans Warehouse, said:

"This is a lender with an appetite to lend, but distribution is limited to only a handful of brokers - we are proud to be one of them. We have completed over £1,000,000 of secured loans with Spring Finance in the last 6 months!"