Whenever homeowners come to a point that he wants extra sums of money he must decide the best way to obtain the money he wants whether it is to buy a motor home, carry out home improvements, etc.
There are two ideal ways for homeowners to borrow for just about anything.
Sometimes these can be used even when you do not need any extra money and what we mean is debt consolidation
The methods of raising funds we are meaning are remortgages and secured loans which are both homeowner loans secured on the equity of property.
Why they are such good means of borrowing is firstly because their rates are low with remortgages currently available from less than 2% and secured loans from only about 9%
The next good reason for choosing secured loans or remortgages is because they can be used to do or to buy almost anything from holidays to funding home improvements or even for buying a second or a holiday home.
In addition they have repayments that can be spread over as many as twenty five years which means that the repayments monthly suit most homeowners..
Employed and also the self employed can apply for secured loans or remortgages and the employed have to provide three recent wage slips.
Self employed remortgage applicants must now provide accounts which is different from in the past.
There is now a secured loan lender granting self employed loans at 60% LTV on a self declaration of earnings as long as the borrower has been trading for at least six months.
For self employed wth an accountants certificate secured loans are available at up to 75% LTV. However even the 60% plan will be most helpful for the self employed who have been working for themselves for six months as they cannot get remortgages.
There are two ideal ways for homeowners to borrow for just about anything.
Sometimes these can be used even when you do not need any extra money and what we mean is debt consolidation
The methods of raising funds we are meaning are remortgages and secured loans which are both homeowner loans secured on the equity of property.
Why they are such good means of borrowing is firstly because their rates are low with remortgages currently available from less than 2% and secured loans from only about 9%
The next good reason for choosing secured loans or remortgages is because they can be used to do or to buy almost anything from holidays to funding home improvements or even for buying a second or a holiday home.
In addition they have repayments that can be spread over as many as twenty five years which means that the repayments monthly suit most homeowners..
Employed and also the self employed can apply for secured loans or remortgages and the employed have to provide three recent wage slips.
Self employed remortgage applicants must now provide accounts which is different from in the past.
There is now a secured loan lender granting self employed loans at 60% LTV on a self declaration of earnings as long as the borrower has been trading for at least six months.
For self employed wth an accountants certificate secured loans are available at up to 75% LTV. However even the 60% plan will be most helpful for the self employed who have been working for themselves for six months as they cannot get remortgages.
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Looking to find the best deal on debt consolidation, then visit www.championfinance.com to find the best advice on mortgages for you.
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