2 out of 3 borrowers get a lower rate than our representative example of a regulated secured loan below:
Representative example – £63,000 over 228 months at an APRC OF 6.1% and an annual interest rate of 5.39% (Fixed for five years – variable thereafter) would be £463.09 per month, total charge for credit is £42,584.52 which includes a £2,690 broker / processing fee. Total repayable £105,584.52.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME
REPAYING YOUR DEBTS OVER A LONGER PERIOD CAN REDUCE YOUR
PAYMENTS BUT COULD INCREASE THE TOTAL INTEREST YOU PAY. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
APRC’s are variable on most loans. Fees apply. You can pay upfront and keep out of loan or add to loan and pay on completion only. Adding fees to loan will increase monthly payments, APRC and total repayable. Our fees cover mortgage references, consent to register a second charge, land registry searches, credit references, staff and variable costs. If a valuation is required this is paid direct to the valuer. Promise fee payable is linked to loan size from 1% to 10% maximum.
Written terms available on request.
Loans are subject to affordability status and available to UK residents aged 18 or over.