Spring Finance revises second charge offering

Published on

Specialist lender Spring Finance has made changes to its second charge product range.

The improvements include a lifetime tracker product, a two-year fixed rate and a new buy-to-let plan.

The lender has simplified its eligibility criteria, making it easier to place business with Spring as well as improving its terms for Hometrack and drive-by valuations.

Shelley Stern, director of mortgages at Spring, said: “This is an exciting period of growth at Spring and we believe these changes will significantly improve our proposition to both our intermediary partners and consumers.

“These changes follow recent improvements made to our application requirements and further reflects our ongoing commitment to simplify the application process and enhance our service.”

Andrew Bloom, Spring’s CEO, added: “We are delighted to release these changes at a time when our intermediaries and consumers are facing a number of challenges. The enhancements affirm our commitment to growth and continuing support of the industry.”

COMMENT ON MORTGAGE SOUP

We want to hear from you!
Leave a comment and get the conversation started.
You need to register to post, so please login or sign up below.

Latest articles

Councils to gain earlier powers over long-term empty homes

Councils will be able to intervene when homes have stood empty for six months...

Phoebus completes latest SOC 2 Type II assessment

Phoebus Software has renewed its SOC 2 Type II attestation after KPMG assessed the...

Low-deposit mortgage lending climbs 38% to £24.7bn

Mortgage lending at loan-to-value ratios above 90% rose sharply over the past year as...

Stonebridge reports sharp rise in protection policies placed in trust

The proportion of protection policies being placed in trust has risen substantially over the...

Countrywide Surveying adds 35 newly qualified surveyors in 2026

Countrywide Surveying Services has added 35 newly qualified surveyors to its workforce so far...

Latest publication

Other news

Councils to gain earlier powers over long-term empty homes

Councils will be able to intervene when homes have stood empty for six months...

Buy-to-let has matured as a market

Buy-to-let turned 30 last week, and it's a good moment for some much-needed positivity...

Phoebus completes latest SOC 2 Type II assessment

Phoebus Software has renewed its SOC 2 Type II attestation after KPMG assessed the...