Finsec Limited is a second charge mortgage lender. Formerly known as Northstar Loans Limited we have traded since 2002. Finsec is funded through a combination of private equity investment and high street bank funding which provides a secure financial base to operate from.

Why Finsec?

Finsec’s speciality is providing loans to borrowers with non-standard or complex income and credit profiles where the proposed borrowings combined with the amount owed to their first mortgage lender does not exceed 70% of their residential property value or 65% in the case of investment property.

Finsec’s Product

Finsec provides second charge lending between £3,000 and £50,000* to private individuals secured upon their residential property which is in owner occupation or subject to a rental agreement, or to their business where this is incorporated as a limited company or limited liability partnership and they are willing to enter a deed of guarantee. Lending is available throughout England and Wales but not Scotland and Northern Ireland. Loans are available for most personal purposes as well as small business purposes. *Larger loans up to £100,000 available in certain circumstances.

Regulation

Finsec is regulated by the Financial Conduct Authority (FCA) to provide regulated products and services. If you are a FCA regulated intermediary and would like more information about Finsec please contact us at enquiries@finsec.co.uk

How to apply

Finsec does not promote direct to the public. Only regulated credit brokers may introduce to us. All sales are on an advised basis by a regulated mortgage intermediary or credit broker whose aim is to advise upon and arrange the most suitable credit or debt solutions for customers in return for a fee and commission. If you would like to find out more or to apply for a Finsec loan please contact your usual financial advisor or mortgage intermediary.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured upon it