Specialist Finance Solutions

Specialist Finance Solutions

FAQ | Specialist Finance Solutions

Question Answer
What is specialist finance for advisers? Specialist finance refers to lending solutions designed for clients who don’t fit standard criteria. This includes complex income, unique properties, adverse credit, specialist buy-to-let, and non-standard applications. It helps advisers place cases that mainstream lenders typically decline.
When should advisers use specialist lenders? Advisers should use specialist lenders when a client has complex income, is self-employed with limited accounts, has previous credit issues, owns HMOs or large portfolios, or requires bridging or development funding. Specialist lenders offer more flexible underwriting for these cases.
Can specialist finance help clients rejected by mainstream lenders? Yes. Specialist finance is specifically designed to support clients who fail high-street affordability or credit checks. These lenders assess cases differently, often considering real-life circumstances instead of rigid policy rules.
What types of clients benefit from specialist finance? Clients with adverse credit, irregular or complex income, contractors, portfolio landlords, expats, those purchasing unusual properties, or clients needing refurbishment, bridging or development funding all benefit from specialist finance options.
Do advisers need additional qualifications to recommend specialist finance? Most specialist residential, buy-to-let and bridging lenders do not require additional qualifications, but advisers should understand the product type. Some complex development or commercial cases may require specialist knowledge or referral support.
How does specialist finance help with complex buy-to-let or HMO cases? Specialist lenders assess HMOs, MUFBs, and portfolio cases using more rigorous criteria, such as rental yield, experience, SPV structures, and future portfolio performance. This flexible approach helps advisers place cases that mainstream lenders cannot support.
Is specialist finance more expensive for clients? Specialist products can have higher rates due to the complexity or risk profile. However, they often enable clients to secure finance when mainstream lenders decline. Many specialist lenders also offer competitive pricing for strong cases.
What information do advisers need to submit a specialist case? Advisers typically need income evidence (accounts, contracts, SA302s), property details, credit reports, portfolio spreadsheets (if applicable), and background information to help lenders understand the client’s full profile.
Can specialist lenders support self-employed or contractor clients? Yes. Many specialist lenders use flexible income assessments, including day-rate calculations, contract averages, retained profits, multiple income sources and shorter trading histories. This makes them ideal for self-employed clients.
How can advisers access specialist finance through Connect? Advisers can access Connect’s specialist lender panel, underwriting support and case-placement expertise by joining the network. Explore options on our Join the Connect Network page or review all products on our Specialist Finance Solutions page.
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