Secured Loans, Unsecured Loans and Complex Mortgages
If so, then you may benefit from a secured loan. There are no upfront fees, bad credit is acceptable and there is a fixed rate of interest.
Also known as a second charge loan or homeowner loan, 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 £10,000 to £2.5 million and at very competitive rates of interest. We aim to find you the cheapest or most suitable secured loan for your circumstances. However, we come into our own when our clients need a little extra help, to consolidate their loans. We have access to the widest panel of secured loan lenders on the market – this means we can usually help where others fail.
We are on your side when it comes to helping you find the secured loan that suits your circumstances. Even if you have bad credit, arrears or have difficulty proving your income we have products specifically designed to meet your needs.
We are not bankers but personal loan brokers, so we are able to search the whole market.
Traditionally, there have been three main methods for a mortgage broker to raise extra cash for you – with a remortgage, further advance and unsecured loan. However there are important reasons as to why these options, especially a remortgage will not be suitable for your situation.
Get in touch today if you are looking for a secured low-cost loan in the UK or Europe.
If you are looking for a low amounts and do not want to use your home as security. This is a great time to consider an unsecured loan for a car purchase, holiday or consolidation. An unsecured personal loan is an excellent option if you do not wish to secure finance on your property, or do not have sufficient equity in your property to secure.
We work closely with a panel of qualified mortgage experts, and they can help you achieve the best solution for your needs. Whatever type of mortgage you need, our independent mortgage advisers will help you to achieve the best solution for you. We can help you if you are looking for:
We’re a broker, not a bank, so we can search far and wide to find you the best products. You get more choice not more rejections, and that’s even if you have a bad credit history – and that’s more than any bank can offer.
Most people who opt to remortgage to pay off a debt are hoping to borrow a significant sum of money. When you remortgage for debt consolidation wisely, you can potentially make a significant reduction to the cost of your overall debt, taking into account interest rates and repayment terms.
A new mortgage product is used to pay off your current mortgage(s), in addition to other outstanding debts you may have. Well-considered consolidation could potentially mean the overall amount you pay for being a borrower will be reduced, leaving you better off in the long-term and/or month to month. However, it’s important to remember that extending debt to stretch over a longer period could mean that overall, you pay more interest and your total repayment amount is higher.
If you’ve decided that a remortgage to consolidate debt is a good choice for you right now, we can access a market of some 600 plans to find the right product for you. Because we’re a broker rather than a building society or bank, we have an extremely wide overview of the market which makes it far more likely that we’ll be able to identify the best mortgage match for your unique needs.***
If you are an expat living abroad or returning to the UK and would like a mortgage, we can help you. If you:
We can also place mortgages for UK nationals who work in the UK but are paid in a foreign currency.
Our group of lenders offer a wide range of expat mortgages which are underwritten on a case by case basis that takes into account your circumstances as a whole.
The client lived in Zimbabwe and wanted to raise funds on a buy-to-let property he owned in the UK to purchase a property overseas. We helped him raise £300,000 on his UK buy-to-let on the 5 year term he wanted.
Another client worked in Qatar and was paid in USD. He was a first time buyer wanting to purchase a residential home in the UK for when he returned. His deposit was gifted by a family and we were able to get him a mortgage of 65% of the purchase price of the new property.
Please get in touch with us at Prestige Financial Solutions if you are looking for a remortgage or low-cost loan in the UK or Europe.
Prestige Finance Solutions is authorised by the Financial Conduct Authority. (FCA) Number: 652682