Are you looking to finance an extension to your home, new windows, a conservatory, a new car or paying off existing debts ?   If you are a home owner or are paying a mortgage you may be able to apply for a loan that is secured on your home.

Would you like to find finance for a new extension to your home, a new kitchen, or would you like to have double glazing or a new central heating system fitted.
Are you even about redecorate or repair your home but are finding it hard to pay for ?

Rather than waiting another year why not consider a Home Improvement Loan. Make the dream become reality with a homeowners’ secured loan. A Home
improvement Loan could be the easiest and cheapest way to make improvements to your home.

However, there are a few factors that they have to take into consideration such as available monthly income and the equity available in your property. The most important considerations are that you can afford the monthly repayments and that you are a homeowner/ mortgage payer. Simply state on the application form how much you would like to borrow and they will try to meet your requirements.

Secured loans are usually available from periods of between 5 to 30 years with the period of time being dependent on how much you can afford to repay each month.  If you thinking of reducing your monthly outgoings by consolidating existing borrowing you should be aware that extending the term of the debts may increase the overall total amount you repay.

 

What is a Secured Loan?
In simple terms, a secured loan is a loan secured against property that you already own or are buying.

Because the amount of a secured loan is generally higher than that available on an unsecured loan, you will be required to sign a mortgage deed to provide the Lender with security over the money you have borrowed – just like your mortgage.  The deed allows the lender to register a charge over your property, this is necessary as many lenders have relaxed their lending criteria to provide lending facilities in a host of circumstances because the extra security the deed gives them over the loan.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT