A secured loan or second charge as they are commonly called can be a vital tool when looking at various finance options such as including home improvements, business purposes and consolidation of debts.
When should a secured loan be considered?
A customer is on a good rate and does not want to remortgage from their existing mortgage company
The redemption penalties are too high on the existing mortgage
The existing lender is not offering further advances, or may not even be lending
Funds are required quickly, sometimes within days
Customers need money to fund home improvements or for consolidation
Unable to remortgage due to low credit score, being self-employed or suffering from previous poor payment history
We offer products that cover the following
Loans on buy to let properties
Loans on residential and commercial property
All credit profiles considered
Loans for genuine business purposes
Any property type considered
Interest only options available
Complete a quick enquiry form to find out more today…
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