Clever Lending forums reveal the growing need for specialist finance

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 street, for example when they want to buy a property some lenders don’t want to lend on, they’ve an irregular income, multiple income sources or a minor blip on their credit file.

For example, the Registry Trust has recently published figure showing that more county court judgments (CCJs) were registered against consumers in England and Wales during Q1 2018 than any other quarter since current records dating back to Q1 2005 began, with 305,877 judgments registered against consumers during Q1 2018.

Figures such as these demonstrate the ongoing demand for access to specialist providers and the forums are aimed at helping brokers open new doors to help more of their clients in need of access to a wider range of lenders.

Paul Day, Sales Development Director, Clever Lending said: “The feedback from the forums has been very positive as brokers see how they can help more of their customers who may be self-employed, need commercial borrowing or are purchasing mixed use property, for example. They are also getting a much deeper insight into the ways bridging finance and second charges can be used for a wider range of customers.”

Clever Lending are currently looking for talented people to join its world class team. We have a number of opportunities available, including adviser and admin roles covering the bridging finance, second charge and commercial funding sectors. If you’d like to work for us, just email your CV to recruitment@cleverlending.co.uk