N. Ireland second charge completed

N. Ireland second charge completed

Northern Ireland

Loans Warehouse has recently completed the first secured loan in Northern Ireland since the credit crunch, through its unlimited LTV lender, Evolution Money.

The secured loan brokers says it was the first second charge to be completed in Northern Ireland for over two years. The loan was for a total of £9,800.

“We are really encouraged by the market reaction to us lending in Northern Ireland again but even more so now that Loans Warehouse, our master broker, have just paid out one of our first secured loans there,” said Phil Sweet, head of business development at Evolution Money.

“This appears to be a solid opportunity for growth and we encourage all introducers to get in touch.”

“Before the credit crunch, secured loans in Northern Ireland were a big part of our business; but in recent years they had ceased completely,” said Matt Tristram, joint managing director of Loans Warehouse.

“It’s great to see our first landmark deal complete with Evolution Money. Our pipeline of Irish clients is now growing and the dulcet Irish tones from brokers across the waters are becoming common once again.”