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Yates & Co

Secured loans

We can introduce our clients to secured loan companies for a variety of purposes and sometimes it may be advantageous to effect a secured loan and leave your existing mortgage in place rather than effecting a capital raising re-mortgage that may involve additional costs.

For example, it may be better to have a secured loan so that you do not pay early repayment charges on your existing mortgage or forfeit a good existing mortgage rate. It may be that the existing mortgage has penalties for early repayment so that a secured loan could be the best option.

 

 

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT