Spring Finance pilots first charge products

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Spring Finance has announced the release of a range of first charge residential remortgage products which are available on a pilot basis.

The range mirrors the lender’s existing second charge products and caters for customers who require a specialist finance solution.

Paul Carley, Spring’s head of sales for mortgages, said: “The launch of this product range demonstrates our ability to respond to intermediary feedback and promptly bring a product to market.”

Shelley Stern, director of mortgages at Spring, added: “We are delighted to launch our first charge range and believe the product serves a customer need in an area of the market that is currently underserved.

“This latest enhancement to our product range affirms our commitment to growth and continuing support of the industry.”