Future begins secured fixed rate pilot

The product, which will be available for a limited period through key secured loan packagers, features rates ranging from 7.89% to 10.69% and can lend up to 90% LTV. Future Mortgages says it will consider launching the deal as a long-term product if it proves to be successful. Ian Warrilow, head of secured lending at Future Mortgages, says: “Our research has shown that in current market conditions customers value longer term security and the opportunity to accurately budget their financial commitments. We therefore want to help our key partners with a product range that can meet the finan...