First Class Second Charge

Economic uncertainty drives a second charge finance rise

November 05, 2018

An increase in the second charge market suggests economic uncertainty could be encouraging more people to make home improvements, rather than move to another property, new figures reveal. Second charge data from specialist distributer, Clever Lending, shows there’s been an 8.4% increase in people applying for second charge finance in the first half of this […]

Clever Lending Services Product

Product update from The Mortgage Lender

October 18, 2018

One of our partners The Mortgage Lender has made some important updates to its products and services. The full details of these changes are outlined below. Please be aware that there are no BTL changes at this time.   What’s being removed? Current residential products have been withdrawn and replaced with a completely new range […]

mortgage broker, regulated bridging, unsecured loan

Please vote for Clever Lending in the Mortgage Introducer Awards

October 03, 2018

At Clever Lending we’re always looking to improve our service and listen to the requirements of our introducers. As part of this, we’ve been shortlisted  for this year’s MI Awards. We would be delighted if you could spare a few minutes to vote for us as recognition for our continued efforts. We’re nominated in two […]

second charge loan, debt consolidation, home improvement loan, unsecured debt loan

Step One lowers rates and improves product range

October 03, 2018

Step One Finance has lowered rates on many of its second charge products by as much as 2% and made major improvements to its lending criteria including new products and changes to assessment of adverse units for secured and unsecured credit payments. These latest product enhancements continue to help you maximise the opportunities to serve […]


Clever Lending now provides in-house regulated bridging finance advice

September 24, 2018

Clever Lending is now offering in-house advice to brokers on regulated bridging following increased demand which has seen its funding almost treble in this area over the past year. The specialist packager and distributor’s success in this sector has driven Clever Lending to appoint a new expert team to give direct regulated bridging advice to […]


A growing demand for regulated bridging loans

September 10, 2018

Despite growing demand for regulated bridging loans, we’re still meeting brokers who don’t feel equipped to take full advantage of the enquiries they get for this type of finance. Here at Clever Lending, we’ve seen a huge increase in regulated bridging enquiries this year and have assisted many brokers to deliver positive outcomes for even […]

second charge loan, debt consolidation, home improvement loan, unsecured debt loan

Make Clever Lending your 1st Stop for homeowner loans!

September 06, 2018

1st Stop Home Loans has improved product criteria to help even more of your customers. With second charges from £5,000 to £50,000, subject to customers’ circumstances, they can be used for major purchases such as a new car, home improvements like redesigning the kitchen or consolidating debt. The improved criteria updates include: • 3rd charge […]

mortgage, loan, bad credit loan, bad credit mortgage

Pepper Money products now on our panel

August 30, 2018

We’re delighted to announce our partnership with Pepper Money, which gives our broker partners access to their full range of specialist residential and buy-to-let mortgage products. Pepper Money provides a perfect complement to our packaging service by offering flexible criteria and direct access to its team of skilled underwriters to deliver competitive solutions for brokers’ […]

Clever Lending Services Product
remortgage, second charge, mortgage

Second charges are still the first choice for many

August 28, 2018

Second charges opportunities are growing for homeowners looking to raise capital for a variety of reasons such as property improvements, debt consolidation, a one-off event or purchase. The market as a whole is in good shape, with the FLA reporting that second charge new business volumes are up in the first half of 2018 by […]

Adverse credi

Increased LTVs, reduced rates and increased maximum loan sizes

August 10, 2018

New products for clients with recent adverse are now available. Spring Finance – the second charge credit repair lender – has increased its maximum LTV to 75% and maximum loan size to £150,000. Other features include: Arrears on subsequent charges ignored Up to six months’ current mortgage arrears accepted @ 70% LTV Up to £150,000 […]


Property auction finance, big opportunities for brokers

August 03, 2018

As landlords and developers are increasingly using limited companies to acquire buy-to-let investments, clients buying at a property auction offer the potential for brokers to increase the number of bridging finance cases they can complete. The trend of buying property at an auction house is mirroring that within the wider landlord sector and should be […]

Clever Lending Services
New seamless application process set to be introduced for brokers

New seamless application process set to be introduced for brokers

July 30, 2018

Clever Lending has partnered with One Mortgage System (OMS), the seamless single-input enquiry to completion processing platform for brokers. Sam Kirtikar, Managing Director of Clever Lending, said: “OMS capabilities will not only make our case packaging process much more efficient, but also improve the application process for both brokers and customers. “The increasing number of […]


90% LTV semi-exclusive products now available

July 18, 2018

We’re now offering new semi-exclusive products with Secure Trust Bank and can provide up to 90% LTV lending. The 90% LTV products are available for purchase and remortgage, with rates from 4.04% for a 2-year fixed rate with a £999 product fee and 4.39% for a 2-year fixed rate with no product fee. The maximum […]

Clever Lending Services Product

Clever Lending forums reveal the growing need for specialist finance

July 02, 2018

Clever Lending, the specialist distributor, has seen a growing demand from brokers for ways to capitalise on lending opportunities that don’t fit the mainstream criteria. Recent forums revealed there’s still a clear demand for specialist lending, with many brokers seeing more customers with a feature of their finances that just takes them off the high […]

Clever Lending Services

The role of master brokers continues to evolve and expand

February 20, 2018

As a master broker with a vision to offer the very best service and product knowledge to introducers, Clever Lending has pushed on with diversifying the products we can select through a vast network of lenders in order to provide a complete service for sourcing, packaging and underwriting cases.   We now have the capability […]


New opportunities in development finance

November 16, 2017

We have a clear indication that the government are creating opportunities within the development sector that brokers should be looking to take advantage of.   In the Government’s housing white paper, it’s clear that they are keen to support the building of new houses across the UK, which is of no particular surprise to those […]

Clever Lending Services

Clever Lending arrange £212k loan for pharmacy premises purchase

September 21, 2017

Clever Lending, the master broker, has arranged a commercial mortgage for £212,850 for a client to purchase a semi-commercial premises to add upper level rental accommodation. The property comprises a retail unit, from which they already run their pharmacy business, with two upper floors on which the client is to complete refurbishment works to create […]


Giving landlords access to more options than the mainstream

June 27, 2017

Our specialist lending expert, Steve Sanderson, gives his view on the widening of lending options available to landlords…. Clever Lending are seeing a growth in enquiries whereby professional landlords are struggling to obtain buy-to-let finance from mainstream lenders. Reasons for this include a tightening of criteria by High Street lenders, more stringent stress testing and […]

Secured Loan Uncategorized