This Article is aimed at those Uk clients undecided whether to Remortgage or take out Secured Personal Loan Finance. Lets examine the Generic features of why someone may choose secured Personal Loan Finance:-

  • Combine all monthly credit outgoings into 1 single monthly payment

  • High interest rates on existing credit is unmanageable

  • Those requiring to quickly raise funds as Remortgaging is slower

  • People that have heavy Mortgage redemption penalties to exit existing Mortgage Lender

  • Been declined a Remortgage due to low Income multiples

  • Home loan is based on affordability not income multiples

  • Existing Mortgage rate is highly competitive & do not wish to Remortgage

  • May not wish to pay potential upfront fees for a Capital Raising Remortgage

  • Existing credit profile is poor & you do not wish to fully remortgage to a Sub Prime Lender

  • You wish to wait until your poor credit is out of date before remortgaging again

  • Declined a Remortgage by their Mortgage Lender due to their Loan to Value property rating

  • Mortgage arrears currently & existing lender will not advance further funds to remortgage

    • Note these features are for guidance purposes only & are not to be seen as a personal recommendations.

    We act as Secured Personal Loan Finance Introducers only to professional brokers authorised & regulated by the FSA and FISA therefore we do not give advice. Credit subject to status. This will give you an idea of what may be possible.

    Thank you for reading this article. Need Secured Personal Loan Finance Broker help on this subject – please click on the link below.

    http://www.creditfinancecentre.co.uk/secured_personal_loan_finance.html

    Martyn Spencer Bcs (Hons) Cert PFs – has 25 years experience in UK Financial Services. He is Director of the UK Credit Finance Centre, a unique website allowing customers to access UK Brokers for those looking for Mortgages, Loans, Debt Consolidation & Insurance.