"Over the next year, we anticipate the demand for second charges to increase further, as the cost of living rises and a greater range of people become reliant on taking out credit to clear debts."
Amongst the changes, The Loans Engine has promoted one Daniel Duggan to the position of team leader, who will focus on the new starters' training and development.
Paul Zammit, head of regulated mortgages at The Loans Engine, commented: “Over the past 12 months, we’ve experienced significant demand for second charge borrowing.
“Expanding our adviser teams has therefore been critical to ensure that we continue to deliver an exceptional service to our intermediaries and clients.
“Over the next year, we anticipate the demand for second charges to increase further, as the cost of living rises and a greater range of people become reliant on taking out credit to clear debts.
“Due to this, we have big growth plans for 2022 and so expanding our teams further is a core goal of ours throughout the rest of the year.
“We’re always looking for ways to invest in the talented people within our team and so we’re extremely excited about Dan’s progression within the company. We know that Dan will be a fantastic mentor to our new advisors and we’re looking forward to seeing the results that the team will bring over the year.”
