Secured loans are an effective method of raising money against the value of your home. Secured loans allow homeowners to raise a considerable amount of capital without having to sell their home. If you are struggling to pay off credit card or store card debts, need to buy a car and pay for home improvements or would like to turn multiple debts into one manageable lump sum, a secured loan can provide the fast, flexible and affordable finance you need.
A 95% loan to value secured loan allows you to unlock the equity in your home, allowing you to borrow up to 95% of your home’s value, including the mortgage, as a secured loan.
How can Willows help?
Willows Finance Ltd is a leading broker experienced in finding low cost secured loans for customers with equity in their homes. Each and every homeowner is different, so we take the time to talk through and understand the personal and financial circumstances of each before we proceed. Only once both parties have that agreed a secure loan is the best route to take, will we canvass or established network of lenders to find you the best rates.
We find competitive rates on 95% loan to value (LTV) secured loans.
Are you suitable?
Here at Willows Finance Ltd, we specialise in finding secured loans for those with an adverse credit rating. The recent economic downturn left many people struggling financially, with debts they couldn’t afford to pay. Without help, these debts can continue to escalate and spiral out of all control.
If you have a bad credit rating, mortgage arrears or have been refused a loan in the past, we can help. Give us a call today on 0800 7838 871 or submit an online enquiry form and one of our friendly and experienced advisers will be in touch to discuss how a 95% loan to value secured loan could help you.
We arrange secured loans from a panel of lenders. We offer second charge regulated mortgage contracts for business or personal use. You should be aware that there may be other finance options available to you such as a remortgage, a further advance with your first charge lender, or an unsecured loan. You should seek independent advice before making a decision.
You may also want to speak to your mortgage provider about a re-mortgage. The loans we arrange are secured against your property. This means that, unlike unsecured credit, if you don’t keep up the repayments on the loan your property could be at risk of repossession. And like with most other types of credit, you could be charged arrears fees, which increases the cost of your loan, and your credit rating could be affected.
When consolidating credit to reduce your monthly outgoings, you should be aware that it may take you longer to pay off your debt. Depending on the interest rates and balances of the credit you are consolidating, you may also pay back more over the longer term. You should think carefuly before taking a secured loan against your property. Your home may be repossessed if you do not keep up repayments on the secured loan.