The Problem
Clients wanted to borrow a £30,000 loan to complete an extension on their end terrace property. They were 12 months into a 2 year fixed rate with the Halifax and their broker could not find a 100% LTV remortgage, the existing lender coincidentally would not consider a further advance either.
Solution
After carrying out research including a soft quotation credit search one of our advisers referred the enquiry to one of our lenders based upon the merits of the case. At this LTV we had three lenders who would consider this application and with limited options in theory more difficult to place however in practice and our expertise , we found a solution.
Outcome
The lender approved the referral within an hour for the amount requested with a rate of 11.5% at 100% LTV.
Get in touch
Lending Expert
Loan Amount
£10,000 - £500,000
Representative APRC
%
Loan Term
1 - 33 years
Loan Type
Secured & Homeowner Loans
Status
Homeowners Only
Max LTV 100
Our expert team can compare over 19 secured loan lenders from across the market to find you the perfect loan. Our team are on hand 7 days a week to handle your loan enquiry from initial quoteation right through to when you receive your loan. Homeowner loans for any purpose including popular options such as debt consolidation, home improvements and buy to let properties. Solutions for bad credit applicants and the self employed. Request a quote to see how much you can borrow today.
