Mortgage Further Advance - Try a Secured Loan

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  • čas přidán 10. 04. 2023
  • Have you been turned down for a further advance by your existing mortgage lender? Learn about why you may have been turned down and what you might be able to do about it!
    #securedloan #furtheradvance #loans
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    PROMISE MONEY 01902 585020
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    YOUR BANK MAY HAVE 100's OF PRODUCTS AND PLANS.........
    PROMISE MONEY HAS OVER 10,000
    1st charge, 2nd charge and even 3rd charge
    Term loans, short term bridging, Interest only
    Mainstream and specialist / complex products
    Residential, BTL, HMO, Commercial, Development & Unsecured Business Loans.
    Representative example
    66% of our clients get these rates or less - (This is not a specific example of this product above)
    £63,000 over 228 months at an APRC OF 6.1% and an annual interest rate of 5.39% (Fixed for five years - variable thereafter) would be £463.09 per month, total charge for credit is £42,584.52 which includes a £2,690 broker / processing fee. Total repayable £105,584.52.
    YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
    Tags: secured loan, Secured Loans in 2023, secured loan rates, property, second charge, personal finance, homeowner loan, finance news, secured loans, How is the Market Now?, homeloan, Secured Loans in 2023 - How is the Market Now?, real estate uk, mortgage, mortgage broker, buy to let, remortgage, rennovation loan, Home loan, commercial mortgage, business mortgage, mortgage rates, loans, loan, unsecured loan, property investment uk, property development uk, Real estate expert
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Komentáře • 2

  • @KM-pq7sr
    @KM-pq7sr Před 7 měsíci +1

    Are these secured loans available for BTL properties in an LTD? If taking out a secured loan would it damage the chances of getting more Buy to let mortgages?

    • @PromiseMoney1
      @PromiseMoney1  Před 7 měsíci

      Yes, they are available for limited companies.
      It would alter your chances of getting a buy to let mortgage other than taking a secured. I will have used up more equity in the property.
      It’s always best to look at both options at the same time and see which works best