Are
you looking to raise cash?
Do you need money for:
• An extension,
conservatory, double glazing, new bathroom or kitchen?
• Other home improvements?
• A new
car, caravan, boat?
• An exotic holiday
or wedding?
• School or university fees?
• Repaying debts?
• Raising a deposit
for a second home or overseas property?
•
Business expansion?
Today there are many different sources of finance
available; the method with the lowest interest rate
and, therefore, monthly repayments is usually your
mortgage. This is because the loan is secured against
your property and you risk losing your home if you
do not keep up the repayments. |
Untitled Document
|
The other thing to consider if you borrow additional
money via your mortgage is that interest is payable
throughout the whole term of the loan, so you may
find that the total cost of borrowing is higher
than if you arrange a secured loan over a shorter
term. Alternatively, with many mortgage products,
you may be able to make overpayments to repay the
extra borrowing more rapidly. Ask your adviser for
more details. |
Untitled Document
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT
KEEP UP REPAYMENTS ON YOUR MORTGAGE
A fee will be charged for mortgage advice. The precise
amount will depend upon your individual circumstances
(typical fee: £995). The fee is only payable on
legal completion of your mortgage. The total cost for
comparison is 7.6% APR. Please ask for a personal illustration.
We may also be paid commission by the lender.
|
