- 7.21% Fixed for life
- Free no obligation property valuation
- Get a decision in principle with no hard credit search
- Loan to value up to 90%
- No upper age limit
- Fee-free further advances – subject to a new property valuation
- One penalty-free payment holiday a year
- No early repayment charges
No Broker Fee Secured Loans
No Broker Fee Secured Loans can be looked at as a homeowner-loan subject when the borrower wants to raise money against a UK property while keeping the existing mortgage in place.
A short enquiry is usually enough to start. The important thing is to explain the property and the borrowing purpose in ordinary language.
When the brand name is part of the search, the notes in Royal Bank of Scotland homeowner loan guide give another lender-specific angle.
The first things to explain
A useful enquiry starts with the basics: property value, mortgage balance, amount wanted, income and the reason for the borrowing.
When the brand name is part of the search, the notes in Manchester Building Society loan options give another lender-specific angle.
The property side of the enquiry
A homeowner loan is built around the security property, so the valuation estimate and current borrowing sit at the heart of the enquiry.
It may also be useful to read unregulated secured loans where the borrowing reason or lender preference is slightly different.
Other pages worth checking
The closest comparison may be a property page, credit page or no-fee page, depending on the borrower’s situation.
When the brand name is part of the search, the notes in Harpenden Building Society loan options give another lender-specific angle.
A nearby property page to compare is borrowing against a Laing Easiform home, especially where the security itself needs a bit more explanation.
Keeping the enquiry practical
The form is easiest to complete when the borrower already knows the approximate value, the current mortgage balance and the amount they want to raise.
Extra paperwork can come later. At the start, the figures and the borrowing reason matter most.
When the brand name is part of the search, the notes in secured borrowing with The Mortgage Lender give another lender-specific angle.
Lender details
These public lender details are provided as reference points for anyone comparing the loan pages here.
first direct is listed here for reference as HSBC UK Bank plc. Financial Services Register number: 765112. Company or society number: 09928412. Registered or principal office: 1 Centenary Square, Birmingham, B1 1HQ. Website: https://www.firstdirect.com; contact page: https://www.firstdirect.com/contact-us/; phone: 03 456 100 100.
The Mortgage Lender is listed here for reference as The Mortgage Lender Limited. Financial Services Register number: 707058. Company or society number: SC458210. Registered or principal office: 5th Floor, 50 Waterloo Street, Glasgow. Website: https://www.themortgagelender.com; contact page: https://www.themortgagelender.com/contact-us/; phone: 0344 257 0427; email: compliance@shawbrook.co.uk.