Spring Finance has been specialising in the sub-prime second charge marketplace since 2005, lending to those customers unable to source funding from traditional high street lenders. They are in a growing band of second charge lenders who do not use a credit score to assess applications.

Spring takes a relaxed view to customers with county court judgements, defaults, mortgage arrears, IVA's, bankruptcy petitions and debt management plans, but at all times ensures loans approved are affordable for the borrower. They do not have an income multiple when assessing affordability, preferring to assess the customers' true affordability.

Spring Finance will also lend on Buy-to-Let (BTL) properties, together with circumstances considered to be Consumer Buy-to-Let (CBTL), on the same terms. Their generous affordability calculations ensure the borrowers' full circumstances are taken into consideration. Please take a look at their lending criteria in the drop-down below to see what else they can offer

If you are passing the customers details to us and you wish for us to provide the advice, please download and complete the editable SHF Decision in Principle form from the Lender Documentation tab below. Alternatively, you can call 0800 810 1888 or email secured@specialisthub.co.uk.

If you wish to provide the advice to the applicant(s) yourself, please download and complete the LPC Application Form. Remember, you must have the correct FCA permissions to be able to provide advice if the case falls under FCA regulation. All other documents you will need are available to download in the Lender Documentation tab.

Spring Finance is a specialist second charge residential and Buy-to-Let lender. They have a very restricted panel, so to find out more you can either:

This lender has not yet presented at one of our Specialist Mortgage Web Shows. Watch this space.