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Interbridge Mortgages Selects Lenvi to Support Their Launch Into the Second Charge Mortgage Market
Lenvi, the UK’s leading provider of Standby Servicing has announced their partnership with Cardiff-based Interbridge Mortgages, the newly launched, second charge mortgage experts.
The bespoke lender will provide secured loans, offering flexible product ranges to customers in England, Scotland and Wales via a panel of specialist broker partners. Loans will range from £15,000 – £500,000 and will be available over 5 – 30 years.
Although a new brand, the Interbridge Mortgages team is led by experienced and well-established industry professionals from within the second charge market.
Sharing Lenvi’s passion for leveraging technology and innovation, Interbridge Mortgages seeks to drive a best-in-class customer experience. Their goal in the second charge mortgage market is to simplify processes, remove unnecessary friction, and make it easier for brokers to assist their customers with the right product, achieving the best customer outcomes.
Ben Turner, Sales Director at Lenvi said:
“We are delighted to be able to support Interbridge Mortgages with their new venture.
With demand in the second charge mortgage market looking strong for the remainder of 2024, this is an incredibly attractive proposition. Lenvi already deliver primary servicing on one of the largest second charge loan portfolios in the UK and is excited to be supporting Interbridge Mortgages’ growth plans.
Our backup servicing solution provides peace of mind and already protects over £30 billion worth of funds on behalf of 75+ Standby Servicing clients. In the past 18 months, we have successfully managed three complex invocations on behalf of our clients.”
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