Step One Finance Limited (“Step One”) is pleased to announce that it has expanded its competitive loan product offering with loans now available on properties in Scotland as well as a 3 year fixed rate offering across the entire product range at no additional cost to customers.

Martin Porter, Head of Lending for Step One, commented: “The launch in Scotland is a significant step for us and an area where we have had growing pressure to release our products. We look forward to working with both new and current brokers in this market.”

Jack Doherty, Head of Sales for Step One, added: “We are very excited about our new 3 year fixed rate loan products. We were keen to develop the product so that our customers will have the option to choose a fixed rate solution at the same price as our variable rate offering.”

In addition to the new product offerings, Step One has reduced rates on many of its most popular loan products, reduced its lender fee and enhanced a number of criteria elements which should help streamline the lending process.

Michael Childress, CEO of Step One, commented: “These improvements are a result of direct feedback from our introducing partners and we aim to continue the growth of Step One in the residential second charge loan market. We offer a wide range of loan products and aim to give our distribution partners confidence that they can find the best solution for their client.”

Any general questions or inquiries should be directed to Martin Porter at 01483 661 103.

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Please note that Step One Finance does not charge up-front fees for any loan enquiries or applications. You should be wary of any parties purporting to arrange a Step One Finance loan who are seeking to charge up-front fees. Please contact us if you have any doubts regarding a Step One Finance loan application. Customers can also obtain additional information on the FCA’s website on the dangers of Loan Fee Fraud by clicking here.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT IF YOU ARE EXTENDING THE TERM OF THE DEBT YOU MAY BE INCREASING THE TOTAL AMOUNT YOU NEED TO REPAY.

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