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Registered Address: 1st Floor, 351-353 Newmarket Road, Cambridge, CB5 8JG The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK
Your Home May Be Repossesed if You Do Not Keep Up Repayments On Your Mortgage
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SECURED AND UNSECURED LOANS ARE NOT REGULATED BY THE FINANCIAL CONDUCT AUTHORITY
As the name suggests, a secured loan is secured against your property. You can generally raise finance for any purpose, and the loan can be processed quicker than a mortgage.
The loan would be arranged as a second charge on your property, with the first charge being your mortgage.This means that you must have a reasonable amount of equity to qualify for a secured loan.
These loans are an ideal way of raising finance if you are tied in to your mortgage and still subject to an Early Repayment Charge. You can leave your current mortgage in place and keep the new loan completely separate.
Call us today to find out if you qualify.