“We believe the time is right to relaunch Spring’s second mortgage product offering, albeit with a cautious approach, to our valued broker partners.”

Spring Finance has announced its return to the second mortgage market.

The second mortgage lender, which specializes in credit repair products, withdrew its range in March 2020 at the start of the Covid-19 pandemic.

Sales Manager Graeme Wade commented: “After the outbreak of the Covid pandemic, Spring made the difficult decision to temporarily withdraw from accepting new business and focus our attention on ensuring that Spring’s existing customers are supported for the unpredictable and unprecedented times we have all faced.

“Our team at Spring has done and continues to do an incredible job understanding and finding appropriate solutions to the problems faced by some Spring customers as a result of nationwide shutdowns. We believe the time has come to relaunch the program. Spring’s second mortgage product offering, albeit with a conservative approach, to our valued broker partners.

“With the roadmap now in place, we can all see the light at the end of the tunnel. The doors of spring are open again and we look forward to simplifying these complex cases again. “