CLA Financial - Witney
CLA Financial - Witney

Secured Loans

There may be occasions where homeowners need to borrow money but for various reasons, may not be able to remortgage to raise the extra funds.

 

Possible reasons where a remortgage is not an option are:

  • You are tied into a mortgage for a set amount of time and there are high penalty costs for redeemimg your mortgage early
  • You may fail the affordability or lending criteria of your current mortgage lender and cannot get a further advance with them
  • You may have a very low interest rate which you would lose if you remortgaged
  • You may be on an interest only deal but would have to change to a full repayment mortgage product if you remortgaged
  • You may have experienced some financial difficulties and are unable to remortgage
  • You may need funds quickly

 

Some of the reasons people want a secured loan are:

  • To consolidate unsecured borrowing such as credit cards and store cards
  • For home improvements
  • To inject cash into a new business venture

We can help

  • Loans from £10,000 to £2,500,000
  • up to 95% loan to value
  • Interest only options
  • Low redemption costs
  • Low rates
  • Adverse credit
  • 3-30 year term

 

Contact us today on 01993 864552 or email info@clafinancial.co.uk if you would like to discuss the possibility of taking out a secured loan.

 

Important information

THINK CAREFULLY ABOUT 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.

 

Consolidating your debt may increase the amount you pay back overall and extend the repayment period of your debts.

Contact Us

Tel:

01993 864552

 

Mobile:

07818436325

 

E-mail:

info@clafinancial.co.uk