Norton Broker Services has announced changes to Central Trust’s lending criteria.
The maximum secured loan amount is up to £50,000, while there is a maximum DTI of 55% across all plans.
Meanwhile, there is no minimum income on any of the plans and no minimum time in the property required.
Scott Thorpe, Norton’s broker liaison officer, said: “These positive changes provide even more reasons for an Intermediary to choose a secured loan rather than a remortgage for a client wanting to consolidate debt or complete home improvements.