Even adds FTB products to Twenty7tec platform

The lender, founded last year, offers interest-free equity loans that boost FTB budgets by up to £100,000, or two times their deposit, in exchange for a percentage of any profit, or loss, when the buyer repays the firm.

Its loans, which come with profit caps and no early repayment charges, are now available to brokers who use the property technology firm’s search engine.

Twenty7tec national account manager Nakita Moss says: “Looking at our data from our INSIGHT Module, the average property value in the second quarter of this year for FTB searches was £286,217 up 14% compared to the same period a year ago.

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