The recent economic downturn has taken its toll on many of us, leaving millions of people across the UK with multiple debts and unable to access further credit. If you need to regain your financial footing, Willows Finance Ltd can help.
We are a leading broker of secured loans and bridging finance, specialising in securing highly competitive rates on secured loans with equity for those with an adverse credit history. If you have mortgage arrears, a bad credit rating or have been refused a loan in the past, contact Willows today.
65% loan to value (LTV) secured loans
Loan to value, or LTV, refers to the amount of loan you receive in relation to the value of your property, typically represented by a percentage. As an example:
If you have a mortgage of £117,000, secured against a property which is valued at £180,000, you have a loan to value of 65%, which means you have £63,000 of equity in your property.
How Willows can help?
Looking for 65% loan to value secured loans? Whether you need extra capital to pay for home improvements or to consolidate multiple debts into one more manageable lump sum, we can find you a fast, flexible and affordable deal.
Having discussed your personal and financial circumstances, we then use the information provided to tailor a loan deal which meets your specific requirements.
Are you suitable?
We specialise in helping those with an adverse credit history find affordable secured loans with equity. For more information about how we can find you a great deal on a 65% loan to value (LTV) secured loan, call our experienced team of advisers today on 0800 7838 871 or submit an online enquiry form.
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.