Homeowner Loans
We can now facilitate second charge loans, by sourcing a financial solution that is tailored to your clients’ requirements. We can provide market-leading rates however complex the case is.
| Homeowner Loans | |
| Suitable for: | Home owners |
| LTV: | Up to 125% |
| Loan amounts: | From £10,000 to £1,000,000 |
| Rates: | From 3.64% per annum |
| Terms: | 2 – 35 years |
Homeowner Loans at a glance
Homeowner loans?
How much can I borrow?
What are the rates?
Homeowner Loans start from 3.64% per annum depending on the LTV, credit profile and property type.
How long is the loan?
Why would you need a homeowner loan?
✔ Property purchase in the UK or overseas
✔ Deposit for another property
✔ Property refurbishment
✔ Debt consolidation
✔ Paying off a tax bill
✔ Car or Van
✔ Boat
✔ Wedding
✔ Any other legal purpose
When should you consider a homeowner loan?
✔ If your credit history isn’t brilliant, but you need to borrow some more
money, for example to pay for a home extension because your family has
grown, it can be the cheapest option.
✔ If you’re self-employed and struggling to borrow from elsewhere, it can
offer you a way to use your home as security to get a loan.
✔ If your mortgage is fixed or discounted and has a high early repayment
charge, taking out a second loan may well work out cheaper than
remortgaging your entire loan where you would have to pay the penalty.
✔ If your credit rating has fallen since you first secured your mortgage, the
interest rate you are offered when seeking a remortgage is likely to rise or you
may be declined facilities.
Who can apply for a homeowner loan?
✔ Any property owning individual
How do I apply for a Homeowner Loan?
In order to understand your requirements and to be able to make an immediate assessment, we ask you to complete the relevant online application form. Alternatively, download our enquiry form and send it via email to admin@f4b.co.uk