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125%
Equity Loans.
A
125% equity loan is a secured loan on your
residential property.
We offer a market leading scheme which is
widely advertised.
You
may think you will not qualify for a loan
due to lack of equity.
Our plan allows you to borrow up to 125% of
the market valuation of your property less
your mortgage balance;
Let's say your house is worth £70,000,
your mortgage balance is £60,000 and
you want to borrow £15,000.
Simply
add 25% to your valuation which would
be £87,500 then subtract your
mortgage of £60,000 leaving £17,500
maximum allowable loan.
Therefore there is plenty of room to offer
you the required £15,000.
All
loans on this particular plan are subject
to status and as such all applications are
credit scored. There are no fees involved
whatsoever and it is approximated that the
loan can be completed within 3 weeks.
To
start the application process we require you
to apply
on-line
LOANS
SECURED ON YOUR HOME
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.
12.8% APR Typical Variable
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