A secured loan can be a better option
Secured loans have in the past suffered a bad reputation, this is mainly due to hidden get out clauses and high set up charges that some have have had in the past. The good news is that the Financial services Authority has now moved in and taken action in the loan market meaning that the rouge companies are no longer a law to themselves. It also means that there are now some very good deals out there.
Since the change in the market place Rest Assured Mortgages has decided it will now include Secured loans in its portfolio, therefore we have started recommending them to our clients where appropriate. Typically this could be when the client’s current mortgage is tied into a fixed rate period or it could be because their circumstances have change after taking out their existing mortgage making a Secured Loan a better option as a remortgage would simply be too expensive.
If you are looking for a loan we will look at all the options and make sure we give you the best deal to fit your needs.
Please call 01202 577718 today or complete an online form and we will call you.
The Financial Services Authority does not regulate some forms of secured loans.
