Interbridge Mortgages has delivered more than £250m in second charge loans to over 7,000 customers in its first year of lending in the sector.

Since the launch, Interbridge said it had worked to emphasise "clarity, speed and dependability" through its second charge lending experience, adding that it is achieved through combining technology with an experienced team.

The firm added through its entrance to the second charge lending sector, it has been able to build relationships with specialist intermediary partners.

Chief executive officer at Interbridge Mortgages, Jonny Jones, said: "Reflecting on our first year of lending, I’m immensely proud of what we’ve achieved. I feel we’ve had a really positive impact, driving more innovation and more competition, ultimately leading to improved offerings for customers across the whole second charge industry.

"There has never been a better time to take out a second charge mortgage. This past year, prices have come down, the application process has become simpler, and borrowers can access their funds more quickly.

"As we enter our second year, we’re eager to build on this success. Our focus remains on continuous innovation, strengthening broker relationships, and leveraging technology to further streamline the second charge process. Ultimately delivering a lending experience that redefines industry standards."

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