Legal & General Mortgage Club has added Fluent Money and CSC Loans to its second charge panel.
They will join existing member Freedom for Intermediaries on the panel, as the trio will now help brokers needing advance on second charge.
Danny Belton, head of lender relationships, Legal & General Mortgage Club, said: “The second charge market is growing as more brokers look to this sector to help their customers, however not all brokers want to write this business themselves.
“We now have three master brokers that will support our brokers and their customers by providing real choice in this field, and it is great to be able to announce the addition of Fluent Money and CSC Loans to the panel.
“There could be a variety of reasons as to why customers might need a second charge loan, and brokers can be sure that this panel offers them the advice and expertise that can help secure a better outcome for their customer.”
Jeff Davidson, head of intermediaries at Fluent for Advisers, said: “Fluent is geared specifically to help with training, enquiries, customer liaison and going the extra mile to ensure great customer service and the best outcomes for advisers and their clients.”
Mark Fry, managing director, CSC Loans, said: “65% of the cases we completed in July were from introducers that had completed a case with us in the previous three months, suggesting that brokers are beginning to start considering second charges as part of their sales process.”