Reducing a self-employed customer’s payments by over £2,500 a month with a second charge

January 15, 2020

The customer story We were approached by a broker whose customer was looking to consolidate £127,000 worth of debt. He actively worked as a dentist but was self-employed and contracted to BUPA, the British international healthcare specialist. Applying our insight As the client was self-employed, most lenders would only accept SA302s or accountant certificates, however, […]

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Unravel your customers’ finances!

November 19, 2019

The customer story We were approached by a broker as her customer was struggling to manage the numerous payments for his existing debts. The customer already had first and second charge mortgages, along with several unsecured debts, and his monthly commitments were becoming difficult to meet. His credit score wasn’t great as he’d missed payments […]

Product Second Charge Uncategorized

Securing speedy finance to purchase an auction buy-to-let property

November 12, 2019

The customer’s story We were approached as the broker’s customer wanted to buy a property at auction which she would then rent out. She’d already applied for a buy-to-let mortgage with a high street bank, but as the property she’d seen needed work carrying out before a tenant would be able to live there, she’d […]

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Raising a second charge on a property owned in trust

October 24, 2019

Customer story This case was sent to us by a broker as the customer wanted to renovate a 17th Century barn on the estate where he lived in a property in trust and turn it into a wedding venue. He also wanted to consolidate various unsecured debts, which he had in fact missed some payments […]

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Field-based sales managers appointed to support brokers across the UK

May 09, 2019

We’ve appointed two additional field-based sales managers as part of plans to enhance relationships and support their brokers across the UK. Stacey Woods and Tanya Legge have joined our team to provide training, support and advice on our range of specialist lending products to new and existing brokers across the North and South. Name: Stacey […]

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Transparent fees for second charge products

January 23, 2019

When it comes to fees, we’re providing transparency in the second charge market. We have two options for you to choose from and you can decide what structure is best for you and your client: Option 1 Application fee of only £495 for loans of any size and your client pays any subsequent costs, including […]

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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 […]

Uncategorized
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 […]

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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 […]

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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 […]

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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 […]

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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 […]

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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