Cost of living crisis is driving this client trend
By Brightstar
As the cost-of-living crisis creates financial uncertainty for many, we’re seeing an increasing client trend of streamlining finances in a bid to protect from what may lay ahead. Your client could be one of them and if they are in a current fixed rate mortgage, they may be able to take out a second charge mortgage.
There are several uses for a second charge mortgage that people often don’t know about, including, but not limited to:
- streamlining finances
- making home improvements
- funding a large purchase or cost, such as school fees
- improving a business cashflow position.
Alternatively, they may have fallen foul of remortgage criteria or affordability restrictions or may have been declined a further advance. It’s always worth asking and they might really appreciate your call.
You can find more information on second charges and typical client scenarioshere.
Not only could these conversations help your clients, but you could also earn £1453 commission for every second charge case you refer to us and we’ll do all the work.
TO FIND OUT MORE OR DISCUSS AN ENQUIRY, CALL 01277 508 959
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For adviser use only. Please note this content has been supplied by our lender partner and as such, is their responsibility. No party shall have any right of action against Legal & General in relation to the accuracy or completeness of the information in this article.