FCA REGULATION OF SECURED LOANS (very important)Secured loans are here to stay and are now regulated by the Financial Conduct Authority (FCA), if you are a mortgage advisor or an intermediary in the financial world you need to develop a relationship with a secured loan broker like Pink Pig Loans to ensure that you comply with the rules and regulation set out in the FCA's consultation paper CP14/20,
"where a borrower wants to raise additional funds, they must be made aware that in addition to a further advance or remortgage, a second charge may be more appropriate."
Be a forward thinking broker and team up today with an FCA compliant company.
As a broker Pink Pig Loans specialises in brokering secured lending products with access to substantial funds through its panel of lenders at highly competitive rates. As a broker we have a vast network of private and mainstream funders to provide traditional Secured Loans via a second charge from £3,000 to greater than £2.5 million and Bridging Finance Solutions from £25,000 up to £25 million.
We work with brokers and intermediaries throughout the UK and aim to provide you and your clients an exceptional service from start to finish. As an ex Executive Committee Member of the Association of Bridging Professionals, Pink Pig Loans has the contacts and experience to get the best solution for you and your customers. You’ll also get a dedicated, flexible and responsive service with total transparency, attractive commissions and a guarantee of no cross-selling.
Please note: Pink Pig Loans is a brokerage and not a lender.