FT Adviser, 17th October 2013, ‘More advisers considering secured loans’

The loan sourcing technology firm carried out a survey of 68 advisers which found that 88 per cent felt secured loans should be considered alongside remortgages.

Some 34 per cent said they had never used a secured loan as an alternative to a remortgage, while 35 per cent said they had used one in the past six months.

However only 13 per cent were able to provide their clients with a personal loan at a rate of less than 6 per cent due to stringent lending criteria.

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