Second charge lender Spring Finance has made changes to its product offering as well as integrating Equifax into its bespoke broker portal, Flow.

Following its successful refinance in 2018, Spring Finance have seen a significant uplift in lending with an increase in appetite from not only existing introducers but also new mortgage brokers who are expanding their product offering to include second mortgages.

Graeme Wade (pictured), head of sales, said: “Spring have always looked to innovate within their lending space when and where possible, whilst others appear to continue to replicate. We have simplified our product offering which in turn will allow more applicants to fit on our premier plans. We have increased our maximum LTV to 80% for prime clients and reduced rates on over 88% of our products.

“We have listened once again to our valued introducers and made further improvements to our acceptable types of income and will now consider applicants within probation periods, on zero hour contracts and Sub contractors. These enhancements are made with a view to helping applicants who may have struggled to find a financial solution elsewhere.

“The addition of Equifax searches to Flow means that our valued introducers will be able to obtain a credit search at the press of a single button without the need for any re-keying of information.  This removes the need for manual entry, will help improve processing times and make the clients pathway more streamlined.  The superior service that our introducers receive is market leading and we’re fortunate to have some of the best underwriters in the industry, working at Spring Finance.”