Increase Your Spending Power With A Secured Loan

IF YOU ARE THINKING OF CONSOLIDATING YOUR LOANS.

SHIELD YOUR SELF FROM HIGHER INTEREST RATES WITH A FIXED TERM SECURED LOAN.

 

 

 

Secured loans – Also known as second charge loans or homeowner loans
Secured loans are available only to homeowners and are ideal for borrowers who may have had difficulty arranging finance with their bank or for whom a remortgage doesn’t make sense. We can arrange loans from £10000 to £2.5 million and at very competitive rates of interest. We aim to find you the cheapest or most suitable loan for your circumstances. However, we come into our own when our clients need a little extra help. Having the widest panel of secured loan lenders on the market means we can usually help where others fail. Having people in the team who have been doing the job for 30 years also makes a big difference.
When you contact Prestige we are on your side to help find the secured loan, bridging or short-term loan or commercial finance that is right for you. Even if you have bad credit, arrears or have difficulty proving your income we have products specifically designed to meet your needs.

 

 

 

 

AS WE ARE NOT BANKERS BUT BROKERS WE ARE ABLE TO SEARCH THE WHOLE MARKET.

PHONE NOW ON:01202 972318.TO SEE IF WE CAN HELP OR FILL IN THE FORM BELOW AND WE WILL GET TO YOU A.S.A.P.

 

Here are a few reasons why you should choose a Secured Loan

Traditionally, there have been three main ways for a mortgage broker to raise extra cash for you– Remortgages, Further Advances and Unsecured Loans. However, there are many reasons why these 3 options may not be suitable.

Remortgage

  •  You may be tied to a fixed/discounted rate and may not want to give up a low rate or they may face high redemption penalties
  • Possible valuation, broker, and legal fees
  • Insufficient income (based on income multiples)
  • Purpose of the loan may be unacceptable
  • Can take months to complete
  • You may be currently in arrears, in this case, they could only remortgage with a sub-prime lender at a higher rate

Unsecured Loan

  • Normally restricted to a shorter term (1 – 5yrs) which can mean a high monthly repayment
  • All applications credit scored which often results in many declines
  • Advances normally restricted to £15k but in cases of adverse credit this can usually be far less

Further Advance

  • Insufficient income (based on multiples)
  • Purpose of the loan may be unacceptable
  • You may be in arrears with their current lender or restricted by current lending criteria

Prestige Finance Solutions are now seeing the greater benefits of offering Secured Loans to their customers.

The benefits of a Secured Loan

  • More generous income criteria, as it is based on an affordability calculation
  • Most legal purposes accepted as the purpose of the loan
  • Arrears considered on many plans
  • First mortgage can be left in unaffected
  • All costs e.g. valuation and BSQ paid for by the Master Broker
  • Quicker Completion time
  • Secured Loan could be arranged to enable the borrower to keep an existing mortgage rate
  • Clients can borrow between 5-30 yrs
  • More flexible criteria
  • Advances from £5,000 – NO UPPER LIMIT (on referral)
  • Redemption only 1 months Interest (plus payment of current month)
  • Broker fees/lender fees are added to the loan
 

Our lenders have quoted rates as low as 2.11% and loans have completed at rates from 2.69%.

With some lenders the interest rates are dependent on the credit score so quoting at the outset is not always easy. However, on receipt of your inquiry, we can access the lender system and get you a result as soon as possible

Prestige Finance Solutions can  offer our customers the lowest rates available on the market – it’s that simple

Finding a Low Cost secured loan usually requires the services of a specialist secured loan broker, such as Prestige Finance Solutions. We use our expert knowledge of the secured loan market coupled with an extensive panel of lenders, to find you the cheapest secured loans rates whatever your circumstances. Don’t worry if you have a bad credit history, CCJ’s defaults or mortgage arrears we may still be able to help. We can also help if you’re self-employed and don’t have full accounts.
Applying for a Low Cost Secured loan through Prestige Finance Solutions couldn’t be easier.Simply Phone On:

PHONE NOW ON: 01202 972318

Low Cost Secured Loans from £3,000 – 3 Million

A Low Cost secured loan can be used for any purpose including

  • Home improvements
  • Car purchase
  • An exotic holiday
  • Consolidating other debts into 1 single monthly repayment.

PRESTIGE FINANCE SOLUTIONS we can help you find that Low Cost Secured loan.

PHONE NOW ON: 01202 972318    

prestigefinancesolutionsuk@gmail.com