Property developers and entrepreneurs and always looking for ways to raise capital quickly and cheaply. Secured loans can be a useful way to leverage the equity in property on a short or long term basis.
unregulated been a lot of talk in the press about homeowners applying for mortgages with “[tags[adverse credit[/tags]”. The popular press tends to concentrate on the problems this causes for for the applicant, but the issue of adverse credit applications creates problems for brokers and lenders too. The headlines have been caused by the recent problems …
During a recent speech the outgoing chief executive of the Financial Services Authority (FSA) publicly stated that he would like to see secured loans come within the regulatory umbrella of the FSA’s control. It was suggested that the current regulatory regime, with the office of fair trading (OFT) covering some consumer transactions, and not others …
The UK secured loan market has grown rapidly over the last 10 years, according to figures from Datamonitor the market is now worth around £6 billion. Any market this size is bound to attract its share of suspect operators and the UK secured loan market is no different. There is still very limited regulation covering …