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Since its online facility was launched in June 2007, advisers have benefited from being able to get an upfront and quick decision from a panel of nine lenders.

The panel also offers a solution for clients who either have difficulty obtaining a loan from a traditional high street lender or prime customers who are looking for additional funding.

Neil Hoare, associate director of marketing and IT for Pink, said: "It is great to see advisers using all the tools available to find their clients the most suitable product available.

"Due to the current mortgage market climate, intermediaries are focusing on alternative ways of generating income and secured loans have become a real asset in the intermediary market."

Mark Fry, managing director of Colonial Secured Loans, said: "I am confident the number of Dips will continue to rise in the coming months as we approach the time of year when homeowners are thinking about home improvements."

Pink is also offering advisers the chance to win a luxury break for two at the Le Manoir Hotel and Restaurant in Oxford. Every application submitted and where the adviser confirms the case is proceeding before 30 May will go into the draw.