MCI Mortgage Club has agreed a secured loans referral partnership with Fluent Money.

It is the first time that the club has offered its members access to the second charge mortgage market.

Fluent has whole of market access as well as exclusive products as it is one of the largest secured loan brokers in the UK.

MCI members requiring support will be able to contact Fluent’s partner development team, marketing department and will have their own dedicated field account manager.

Fluent’s provides sourcing and case tracking systems for brokers and a smartphone app for clients. 

Its technology includes electronic ID checking so that clients do not need to send in paper copies of their documents.

MCI Mortgage Club head Melanie Spencer says: “As technology is at the heart of MCI, it made perfect sense for us to partner with a technology-focused secured loan provider as we take our first steps into the second charge sector.

“I personally believe there will be a greater demand for secured loans going forward, especially if people’s circumstances have changed because of the impact of Covid. 

“A secured loan can often be a better option than remortgaging or taking a further advance on the first mortgage.”

Fluent Money’s Jeff Davidson says: “We are thrilled to be partnering with MCI Mortgage Club and very confident that we will be able to offer their members a choice of the best solutions, which will meet their borrowing requirements, particularly within the current climate.

“We firmly believe that our investment in technology, innovation, compliance and our people will be key to a successful relationship.”