Types of Help > Secured Loans
Secured Loans
If you have sufficient equity in your home and your income is sufficient, a secured loan on top of your mortgage can sometimes be a more effective solution for raising finance. For instance:
- If you want the money immediately - a secured loan can be processed far more quickly than a mortgage.
- If you have an excessive redemption payment on your mortgage and are still within the tie-in period.
- If a small amount of cash is required (usually in excess of £5000).
- If you have adverse credit or mortgage arrears.
- If you wish to keep the fees low – no solicitor is required so there are no legal fees.
It will always depend on your particular circumstances, which is why we recommend that you seek our advice first.
Contact us for more details
Think carefully before securing other debts against your home
Your home may be repossessed if you do not keep up repayments on your mortgage
Secured loans are not currently regulated by the Financial Services Authority.
Remember. Mortgages are personal to you - your circumstances,
your lifestyle and your budget.
Do you really want to make the biggest purchase of your life without talking to Surrey Hills Mortgage and Life first?
Do you really want to make the biggest purchase of your life without talking to Surrey Hills Mortgage and Life first?
Call us now on 01483 563718
Your home may be repossessed if you do not keep up repayments on your mortgage