Clever Lending in drive for second charges

22 February 2018

Clever Lending has realigned a number of business processes to continue its drive to be the leading master broker in the seconds market.

With a focus on new DIP forms, improved technology and faster response times, the new initiatives will all help deliver the results of extensive market research Clever Lending has recently carried out.

With many new products being launched almost weekly and rates remaining low, lenders and brokers have been involved in an open forum to ensure Clever continue to be front runners in the seconds sector.

Recent FLA figures show a new business lending levels averaging around £83m per month over 2017. But just as importantly, it’s clear that the quality of advice has improved too, with only 10.4% of cases entering into arrears in November 2017.

This all makes for a positive market that all in the chain believe can deliver real benefits to customers, as well as maintaining improved business levels.

Sonny Gosai, Head of Specialist Lending, will head up the drive for second charges and said: “There are still further opportunities with seconds that the sector can make the most of, and Clever are at the forefront of these. We continue to build lender relations and offer the latest products and Clever exclusives to our brokers. The market is growing and we’ll definitely be increasing our market share in 2018. I’ll be continuing to ensure Clever are at the forefront of the second charge sector and capitalising on new ways of working to make that happen.

“Brokers need confidence when passing a case to a Master Broker; we are here to provide the right solution and make the process as smooth and encouraging as possible. More efforts are being placed with the training of all the staff in Clever Lending to further drive our business forward.”