Loans
What is secured lending?
It is an option for releasing additional monies from the equity within your residential property. the lender secures the loan by taking a second charge against your property.
When can it be considered?
- Current mortgage lender not willing to lend additional funds
- Cannot remortgage due penalties imposed from your current mortgage product
- Income multiple’s on a remortgage do not fit – different calculations are used with some secured loan lenders
Benefits
- Loans available from £5,000 – £100,000
- All forms of income considered from PAYE, to self declared to most DHSS benefits
- Interest only, fixed rate and flexible loan options available
- All credit circumstances are considered
- Up to 100% LTV available
- In principal decisions within 24 hours