Secured and Unsecured Loans
Secured and unsecured personal loans for any purpose
South West Mortgage Brokers will be pleased to arrange competitive secured and unsecured loans valued from £10,000 to £250,000.
We have access to a wide range of lenders and can provide you with appropriate advice and products in a very short time.
Secured loans use one or more of your assets as security should you be unable to pay the loan amount. This is almost always your property, in the same way that your mortgage uses your house as security.
Secured loans can be used for any purpose such as consolidating debt, home improvements, new car purchase or indeed anything else you might choose.
Secured loans can offer better interest rates than unsecured loans because of the security provided for the lender and which also makes them easier to obtain.
Secured loans can offer better interest rates than unsecured loans...
Repayments on secured loans are monthly and over a fixed period of time, usually between three and twenty five years. There may also be early repayment penalties on these loans.
If the loan amount is below £25,000 this will be regulated and you will have a seven day cooling off period to allow you to change your mind if you decide the loan is not right for you.
Contact us now or call on 01392 927327 for more information.
Unsecured Loans are not regulated by the Financial Services Authority.