![]() |
|||||||
![]() |
You
might be considering whether to 're-mortgage' rather than getting a 'secured
loan'. Although interest rates can be lower on mortgages, the fees involved
with a standard re-mortgage, are usually quite expensive. The example
below clearly illustrates the benefits of a secured loan over a re-mortgage.
Mr and Mrs Smith's property value was estimated at £98,000. Their existing £78,100 mortgage was taken out 2 years ago on a 4-year fixed interest rate deal. They wanted to raise £15,000 to consolidate some credit card debts, and also to carry out some home improvements. There was a penalty of 5% for redeeming their existing mortgage within the fixed rate period |
![]() |
|||||
![]() |
|||||||
|
--------------------------Mr and Mrs Smith's
decided that the best option for them at the time was to take a secured
loan --------------------------with the help
of '.comloansuk' and re-mortgage when the penalty period on their mortgage
had ----------------------------expired (in
2 years time). They took the sensible option, which put the money in their
hands in -----------------------------less
than a month, and cost them nothing at all up front!
|
|||||||
![]() |
|||||||
| Full written
details about the terms of our loans are available on request. Loans subject
to status. YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT. Unit 3, Avocet House, 88 Station Road, Llandaff North, Cardiff CF14 2FG---------------------------------.comloansuk operated by 'Guardsnow Limited' |
|||||||