Secured Bank Loan RatesGuaranteed bank loan interest
Secured loan matching capabilities cover all kinds of secured retail and corporate exposures at all levels. As there is no need for a solvency check, even a poor solvency does not have to prevent a high value loan for any use. Frequently termed house owner mortgages, secured mortgages are long-term loan instruments that are usually secured against immovable assets, such as the borrower's home or another piece of ownership he owns.
The majority of this type of credit starts at around 25,000 worth with an initial limit of around 250,000 pounds - although this depends entirely on the amount of capital available in your home, your total rental earnings and your lending history. When you have a relatively good rating, you will usually be given a secured private or commercial loan with interest rates of around 5% to 6%, although these rates are significantly higher if you have been in arrears in the past or if you have been equipped with the CCJ.
Guaranteed credits are usually repaid in installments and the money can be used for a variety of different uses. Major improvements, consolidating debts and funding marriages, public holidays and new car sales are some of the most frequent applications of secured credit product. After completing the first phase of your job interview, we browse the whole open markets for you to make sure you get the most competetive offer on the basis of your unique needs and credit metrics.
If you have had liquidity issues in the past, or if you are self-employed and have found it hard to obtain financing elsewhere, we look throughout the whole industry for the most appropriate products for you. Decisions can be made in a few moments, and once your request is accepted, little red tape is required and the money can be deposited directly into your bank within a few week or two.
If you have been rejected for loans in the past because the loan is secured, you still have an outstanding opportunity to be granted approval. Working in close collaboration with tens of major lending institutions across the UK, we offer exclusivity to the cheapest secured lending rates on the table.
Extensive interest comparisons for each client enable us to determine the best product for each requirement and budget.