Interbridge Mortgages has entered the second mortgage market after joining the Aro Money credit panel.
The partnership has completed its first joint transaction, marking Interbridge Mortgages’ first ever completion in the second mortgage sector.
Interbridge says the product offers practical options for consolidating debt, financing home improvements or managing other significant expenses.
Secured loans allow homeowners to tap into the equity in their home without having to refinance their primary mortgage.
Simon Martin, Chief Commercial Officer of Interbridge Mortgages, said: “We are excited about Interbridge Mortgages’ potential impact on the second cost market. Our goal is to offer flexible credit solutions that meet the changing needs of customers.”
Aro Money director Richard Sharp added: “As we look ahead, we are confident that our partnership with Interbridge Mortgages will continue to deliver positive results.”