What are the monthly payments on a £35,000 secured loan. A homeowner loan can be used to carry out home improvements or pay off other high interest finance or credit. We can help if you are self employed, have a bad credit record, or if you think you are on a blacklist.
This illustration is for a standard secured loan. Depending on your circumstances, you may not qualify for a standard loan. Complete the application and we will get back to you with the most suitable loan we can offer
A £35000 secured loan can be used to pay off your existing credit cards and store cards as well as other personal loans.
A bad credit file with arrears, defaults or CCJs does not mean you will not qualify.
Our products are not just for employed people. We can help if you are employed, part time or full time, or are self employed. A homeowner loan is just another way of saying a secured loan; they are the same thing.
A secured loan is a loan that is secured on your property. This means that the lender has added security if you fail to keep up the repayments. When you take out a secured loan the lender puts a charge on your property so that it can take possession and sell it to get their money back if you default on the loan. This is why you need to be very sure that you are able to keep up the repayments.
With a personal loan, or unsecured loan, there is no automatic link to your home, although if you own your own home, unsecured lenders may be able to get a 'charging order' on your home which means they will have a call on the money from the sale of your house.
There are several valid reasons to opt for a secured loan.
At 1st Loan, we work with brokers who offer secured loans to people who have sufficient equity in their property and sufficient income to make the repayments. You can apply for a secured loan up to a maximum of £75,000, depending on the value of your home and the balance on your mortgage. You can apply for a £35000 homeowner loan today even if you have a poor or bad credit history.
You need to complete the short application form to find out how much a £35000 secured loan will cost you.
At 1st Loan, we have strict guidelines in the way we do our business. the first step is that you complete our enquiry form. Please make sure you give accurate answers as this may delay your application. Once you have done this and sent it to us, we pass it to the loan broker. The broker will often contact you to ask more questions or to clarify certain things. Once this has been done, we will be in a position to know whether or not you qualify for a loan. You need to bear in mind that a loan may not be the best answer for you and
you may be offered other financial products. Once you receive an offer, you will then be able to decide whether it is right for you and decide whether or not to accept. Note that we charge no upfront fees for giving advice.
Our primary aim is to provide a superb service, from submitting your application to dealing with the broker to receiving an loan offer. If we do not come up to your expectations, or you have any problems, please let us know so that we can rectify the situation.
Please make sure a secured loan is right for you before taking it out. You should always think very carefully before committing to any form of credit or borrowing money.
If you're trying to manage existing debt or in financial difficulty, consider what your options are before you borrow. For further help on managing your money visit the Money Advice Service.
This is the bottom line. As a company, we only get paid if we successfully get your loan paid out. We will endeavour to find the most suitable loan or plan for your individual circumstances. We will do everything we can to get your loan paid out as quickly as possible.
If you are looking for a new loan to replace other forms of credit, such as credit cards, Hire Purchase or other loans, you are advised that the duration of the new loan will be longer or the total amount payable will be higher than your existing arrangements
We offer loans throughout the UK
Copyright © 2017. 1st Loan is a trading style of Joel Malach. We are authorised and regulated by the Financial Conduct Authority. Firm registration number 720851. Data Protection Licence Number: Z8904952. Registered Office: Warwick House, Lowes Road, Manchester. BL9 6PJ1st Loan may receive a fee/commission for either referral or completion of your loan application.
1st Loan is a responsible broker, and as such, would not be able to help if you are looking for us to pay out a loan to someone who is unemployed or receiving benefits as a primary income, who is in financial difficulties or cannot afford to make full loan repayments.Please see our Responsible Lending Code of Practice for further information or for contact details of organisations who can help people in financial difficulties
Representative example: Assumed borrowing of £18,000 over 120 months, with a fixed borrowing rate of 6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71. Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee (£1,530); Lender fee (£495). This would result in an overall cost of 9.1% APRC. Minimum Term 12 months. Maximum Term 300 months. Maximum APR charged 49.9%.
This page provides information and advice for people who are looking for a £35,000 secured homeowner loan