David Tonge Financial Services

David Tonge Financial Services
Tel. 0161 976 2016
Mobile: 07957 324631
Fax: 0161 972 0113.
davidtonge@ntlworld.com

Friday 21 November 2008

Secured Loans

If you have sufficient equity in your home and your income is sufficient, a secured loan on top of your mortgage can sometimes be a more effective solution for raising finance. For instance:

If you want the money immediately - a secured loan can be processed far more quickly than a mortgage.
If you have an excessive redemption payment on your mortgage and are still within the tie-in period.
If a small amount of cash is required (usually in excess of £5000).
If you have adverse credit or mortgage arrears.
If you wish to keep the fees low – no solicitor is required so there are no legal fees.

It will always depend on your particular circumstances, which is why we recommend that you seek our advice first.

The overall cost for comparison is 7.2% APR. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.

Remember. Mortgages are personal to you - your circumstances, your lifestyle and your budget.

Do you really want to make the biggest purchase of your life without talking to David Tonge Financial Services first

Call us now 0161 976 2016 or 07957 324631

Your home may be repossessed if you do not keep up repayments on your mortgage