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SECURED LOANS
| A Secured Loan is often used to raise finance for major purchases. The
capital which a secured loan releases can usually be used for any
purpose including home improvements, buying a car, taking a once in a
lifetime holiday, and management or consolidation of other debts. By
consolidating many short term debts into one larger long term secured
loan the monthly payments to service the debt can be substantially
reduced making a significant difference to the monthly outgoings. One of the most frequently used assets as security is your home. A Secured loan is usually quicker to arrange than a Remortgage and potentially more attractive interest rates are available than on an unsecured loan basis, because it is a safer proposition for the lender. A Secured Loan may also be attractive to those with a less than perfect credit history. The secured loan is therefore an option for those with equity tied up in property and for those who have experienced problems getting an unsecured loan, or for whom an unsecured loan is not otherwise an option. Secured Loans may also be an option where additional borrowing with an existing lender is not available. Equilibrium Mortgages has access to a wide range of Lenders who can arrange Secured Loans to suit most circumstances. Please feel free to contact us and we will endeavour to fulfil all of your requirements. We will deal with your enquiry in as flexible a way as possible, whether that is face to face, by telephone, post or email helen@equilibriummortgages.co.uk |
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Your home may be repossessed if you do not keep up repayments on your mortgage or any loan secured on it.
Equilibrium Mortgages is an appointed representative of BDS Mortgage Group which is authorised and regulated by the Financial Services Authority. BDS Mortgage Group is entered on the FSA register under reference 301646
The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
The advice and / or guidance contained within this site is subject to the UK regulatory regime and is therefore targeted at consumers based in the UK.
| Copyright © 2008 Equilibrium Mortgages |