Interbridge Mortgages has entered the second charge mortgage market after joining Aro Money’s lending panel.
The partnership has completed its first joint transaction, marking Interbridge Mortgages’ first-ever completion in the second-charge mortgage industry.
Interbridge says the product offers practical options for consolidating debt, funding home improvements, or managing other significant expenses.
Secured loans enable homeowners to use the equity in their homes without needing to refinance their primary mortgages.
Interbridge Mortgages chief commercial officer Simon Martin comments: “We are excited about the potential impact of Interbridge Mortgages on the second charge market. Our goal is to offer flexible lending solutions that meet the evolving needs of customers.”
Aro Money managing director Richard Sharp adds: “As we look ahead, we are confident that our partnership with Interbridge Mortgages will continue to yield positive results.”
