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Brunel adds Link Loans to lender panel

28 July 2010

Mortgage and loans packager, Brunel Mortgages & Loans, has announced that secured loan provider, Link Loans, is the latest addition to its lender panel.

Rob Derry, managing director at Brunel, said:

“We are delighted to have added Link Loans to our panel. Link's return to the market has been a breath of fresh air as they have an obvious desire to lend and have set their criteria to reflect that.

"We have now completed our first secured loan through Link and have received the highest quality service. From initial enquiry to completion was less than three weeks and the loan was funded within 24 hours of submission.”

Brunel has been packaging residential and commercial secured loans and mortgages for over 25 years and guarantees a hands-on service delivered by highly experienced staff. Among its key pledges to brokers are: never cross-selling to its brokers' customers; no "direct-to-consumer" channel; fees and commissions paid directly on completion; and an immediate assessment of the feasibility of completion for all cases submitted to provide clarity to brokers.

Maeve Ward, head of sales at Link Loans, commented:

“It's great to have Brunel Mortgages and Loans on board and we are delighted to have received and completed on their first case. The quality of Brunel's packaging is exceptional, and we are very pleased that they consider the service we provided to them was second to none. We are looking forward to working with Brunel in the future.”

Rob Derry is optimistic about the future for secured loans business.

He concludes:

“After the difficulties of the past few years, we are starting to see an increase in the availability of funds and lenders, and in particular Link Loans setting their criteria to win more of the right business.

"Secured loans are a real opportunity for customers to raise the finance they require and for brokers to make a living. They are a great way for brokers to raise finance for their customers if they have a low mortgage rate or a high early repayment charge, for example.

"They can be used for just about any legal purpose and rates are priced lower than credit cards and most other unsecured finance.”

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