Alternatives to getting a remortgage

Recent additions to our lender portfolio mean customers have greater choice when it comes to raising finance  against their property. So if you consider the following scenarios we will no doubt have several alternatives for you to consider:

• You want to raise additional funds and keep the interest only part of your mortgage which is currently charged at a favourable rate.
• Your income is not high enough to apply for a larger mortgage. You may also be in receipt of benefit income that is not included in a mortgage lenders calculations to determine how much you can borrow.
• You are currently tied in to your main mortgage and will incur charges to switch mortgage lenders.
• Your additional credit borrowings prevent you from securing a remortgage or to raise further funds via your mortgage provider.
• Adverse credit or historical issues you have had with finance or your mortgage prevent you from securing a mortgage

We can now raise secured funding up to 95% of your properties value if certain criteria are met.  Secured lenders are also less sensitive about what you require the additional borrowing for so if you are needing the money for business purposes for example then we have solutions that may well suit. In some circumstances if you are looking for a loan for home improvements then we have unsecured homeowner loans for people with a good credit history to supplement our extensive range on secured loans.

If you have short term borrowing requirements and you have found credit hard to come by then lenders like Everyday Loans or those on our panel that offer guarantor loans for example may be suitable for you. So whether you are a home owner or a tenant with a good or a poor credit profile there is still likely to be a lending solution available to you. Visit the Personal Loans section on our website for more information.