Properties with More Than One Title
Properties with More Than One Title 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 secured loan can sit alongside the main mortgage, so people often compare it with a remortgage or further advance. The right route depends on the figures and the property rather than the wording in a page title.
A useful lender-specific follow-up can be found in Legal & General loans for homeowners, particularly where the borrower is still narrowing down the route.
The first things to explain
The aim is to make the property easy to place. A short note about construction, ownership or location can save back-and-forth later.
Where the property details are doing most of the work, it is sensible to compare the notes in loan options for leasehold retirement property.
What the lender will want to understand
For this kind of page, the property description should be specific. A lender may look at the construction, location, title, tenure, value, saleability and any notes from a previous valuation.
When the brand name is part of the search, the notes in secured borrowing with Clydesdale Bank give another lender-specific angle.
A few sensible comparisons
A headline rate is only a starting point. The loan amount, valuation, fees, term and property type can all change how useful a page is for a particular borrower.
For a lender-led comparison, the reader may also want to check Harpenden Building Society homeowner loan guide.
Another named-lender page to compare is Swansea Building Society loan options.
Getting ready to ask
A good first enquiry is simple. It gives the figures, the reason for the borrowing and the best contact details.
For home improvements, a rough cost or quote can help. For consolidation, a plain list of balances is usually enough to start. For property-specific cases, any survey or title notes can follow later.
Another property-led comparison to keep nearby is 90% LTV loans for prefabricated homes.
Lender details
The following lender details give readers a direct route to public contact and regulatory information.
Black Horse is listed here for reference as Black Horse Limited. Financial Services Register number: 313409. Company or society number: 00661204. Registered or principal office: 25 Gresham Street, London, EC2V 7HN. Website: https://www.blackhorse.co.uk; contact page: https://www.blackhorse.co.uk/help-support/contact.html.
Newcastle Building Society is listed here for reference as Newcastle Building Society. Financial Services Register number: 156058. Company or society number: building society. Registered or principal office: 1 Cobalt Park Way, Wallsend, NE28 9EJ. Website: https://newcastle.co.uk; contact page: https://newcastle.co.uk/contact; phone: 0345 601 0014.