Please note we are lenders of last resort so please do not apply for a loan unless you are confident your client can afford the monthly repayments and you have exhausted every other financial avenues available to your client. Please read in full the details on our website, in particular how we work, online valuations and introducers signup before you decide to complete the online introducer application. Once we have received your application it will be assumed that you have fully understood our terms and conditions.
Due to the current economic climate it has forced surveyors to become extremely cautious regarding valuations, added together with clients reluctance to accept their property is worth far less now than two years ago, makes loan approvals much more difficult to obtain. Should your client’s application be successful you must explain to them in full our terms and conditions especially in relation to default and repossession. Our solicitors will enforce our clients’ automatic repossession rights and auction sale without exception on your client being in breach and default of the loan terms and conditions.
Introducers are you waiting weeks sometimes months for deals to pay out? Only to see them fall apart at the last minute. Due to the credit crisis its getting harder for Introducers to arrange secured loans for their clients, yet you still spend time and money trying your best for your clients with no end result, no completion no commission. Now there’s a better way for you to underwrite your business. 999loans will pay you £50 on application for every client you introduce to us online irrespective of the loan completing or not.
There’s no point changing network, packager or lender the simple fact of the matter is there are only a few secured lenders left in the market and with the criteria they now require its highly unlikely you will manage to get your client approved no matter how hard you try. If you want to have the opportunity of getting your clients approved, then look no further than 999loans. Please read our terms and conditions to see if we can assist your clients.
What do we pay you? Firstly £50 commission for each fully completed online application we receive. This will be paid direct into your bank account every Friday and the amount you receive will depend on the number of online applications you have made in the previous 7 days. Should your clients loan be successful and approved you will be paid an additional 2.5% commission of the total gross loan on the same day your clients loan complete. Simple online application process, just complete the online application form and we will do the rest. Register online today to receive your unique code and start earning what your worth tomorrow.
Introducers often ask us, can you charge your clients additional fees. The answer is yes, however you must be aware of the procedure we operate in these circumstances. We will send a procuration fee agreement direct to your client setting out the amount of additional fees that they have agreed to pay. Upon return and verification of the agreement the solicitors acting will deduct the amount agreed from the total gross loan and pay it direct to the Introducer.
LYLE FINANCE ARE NOT A LOAN COMPANY, WE ARE A FACILITATOR INTRODUCING INVESTORS WHO WISH TO LEND THEIR FUNDS DIRECT TO CLIENTS WHO REQUIRE A SECURED LOAN FACILITY. ALL LOANS ARE BASED ON A COUNTRYWIDE 90 DAY FORCED SALE VALUATION AND NOT ON THE OPEN MARKET VALUATION.
If you want to introduce your clients to our company please complete the application form. Upon receipt and acceptance we will issue you with your access code. Thank you.