Freedom Finance launches new offering for intermediaries
Freedom Finance has launched a new proposition to support brokers through its Freedom 4 Intermediaries division.
The service from the digital lending marketplace aims to support intermediaries to engage with the second charge market amid strong demand and relevance ahead of Consumer Duty.
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“The refresh is a key initiative for Freedom Finance and brings a focused and market-leading proposition to the intermediary market, which becomes ever more important when considering the macro-economic impacts we are currently experiencing within the UK,” said Richard Sharp, managing director of Freedom Finance Mortgages.
“I look forward to Freedom Finance partnering with the intermediary market and delivering fantastic financial solutions to all of our customers.”
Freedom 4 Intermediaries will help intermediaries to find the right borrowing solution for their clients, after seeing a three-fold increase in enquiries from intermediaries in 2023 alone, mirroring the growth seen in the wider market.
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“The update to our proposition for intermediaries comes at a hugely exciting time for the second charge mortgage sector,” said Nick Jones, director at Freedom 4 Intermediaries.
“Tailwinds ranging from rate rises and tightened affordability in the first charge mortgage market to a growing demand for debt consolidation mean that an increasing number of intermediaries should be considering second charge mortgages for their clients. Our service delivers excellent results for intermediaries, helping them to grow their business and aiding them to support the regulatory demands of the upcoming Consumer Duty by embracing the spirit of variety and personalisation.”
Read more: Freedom Finance welcomes growth in consumer finance