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Do you expect to see less or more second charge mortgage lenders in 2018?



Step One launches new personal loan products




The products include both personal and guarantor loans allowing customers to borrow up to £10,000.

Step One has claimed that the lending process on its new products is significantly faster than a traditional second charge mortgage.

Martin Porter, head of lending at Step One Finance, said: “We designed our latest product range based on feedback from customers and brokers that a personal loan product may be a more efficient borrowing solution for smaller loan amounts.”

Step One’s new website provides increased functionality for brokers and introducers.

Michael Childress, CEO of Step One Finance, added: “All of the core Step One principles of responsibility, transparency, fairness and simplicity have been considered in the development of our latest products and we look forward to building a lasting relationship with an increasing number of new customers.”





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