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Market Report: Fuelling the fire of second charge lending

Gary Bailey, director at Blemain Finance, gives us his insight into the secured loan market in his exclusive LoanTalk Market Report... “The lending industry has felt the challenges of 2011, with economic uncertainty restricting the availability of funds.   “The ever-tightening criteria of high street banks has resulted in the adaptation and evolution of secured loans products from specialist lenders to cater for this changing landscape. This presents a huge opportunity for brokers to utilise this growing demand and offer these products to their clients.   “The range of loan solutions that a specialist lender can offer shows the forward thinking approach when other lenders remain restrictive.   “Even through this economic instability, business people are still identifying areas that there are opportunities to do good business, such as the housing...