No Equity
You can take advantage of our loans even if you have little or no equity in your home. Many of our plans allow you to borrow up to 110%, 115% or even 125% of your property value and still take advantage of some of the very best rates available.
This gives you considerably more borrowing power when compared to the typical bank loan where you cannot typically borrow more than 95% of your property value. You can see the difference this makes from the example below:
- Platinum Loan Typical Bank Loan
- Assume your property is worth £100,000 £100,000
- Maximum borrowing % 125% 95%
- Maximum borrowing limit £125,000 £95,000
- Less existing mortgage £80,000 £80,000
- Maximum loan available £45,000 £15,000
- Your extra borrowing power £30,000
For further details, or for clarification on our loans, please apply on-line straight away. When our experienced underwriters contact you, they will recommend the best solution to meet your requirements.
To apply for a loan simply click here now : Apply Now