SECURED LOANS

We have access to many highly respected lenders who offer Secured Loans to suit your requirements and that meet with our high levels or service and commitment.

We offer a personal face to face service in order to assess your needs and answer all your questions.

A secured loan is one that is secured against an asset, usually your home, and these loans can often take longer to process simply because of the additional information required, such as property valuations and proof of home ownership.

A secured loan is also the most affordable option for many borrowers and there are a number of factors that can determine how much you will end up repaying on a monthly basis, including your credit rating, your employment and financial status, your income, your outgoings and the level of equity you have in your home. A secured loan can be used for almost any purpose: to pay off expensive credit cards and reduce your monthly repayments, home improvement, even for a new car, wedding or holiday.

As secured loans are secured on your property it means that the lender is taking less of a risk in lending you the money. For this reason the rates are lower than unsecured loans. Also secured loans are available to people who may not be eligible for an unsecured loan for example those with bad credit or who can't prove their income, or even those whose income comes from benefits or pensions. Larger secured loans are also available depending how much equity you have in your property.

WHO MIGHT BENEFIT?

• Clients requiring funds quickly
• Clients with a competitive mortgage in place who do not wish to re- mortgage
• Clients declined for a further advance
• Clients with heavy redemption penalties on their existing mortgage
• Clients not wishing to pay any up front fees
• Clients with arrears or other credit problems since arranging their mortgage and who do not wish to re-mortgage to a 'sub-prime' lender