FAQ's on Online Mortgage and Loans
When it comes to arranging UK Finance Online, we offer exactly what our name states. We are specialists in arranging UK Secured and Unsecured Loans for Homeowners, Tenant Loans for Non-Homeowners and Mortgage to Remortgages.
1. How much can I borrow?
Our loans start at £5,000 and go up to £500,000. It all depends on your available income and the amount of equity in your property.
2. What will it cost?
Your loan can be spread between 5 and 25 years. Why not check our repayment guide to help you decide?
3. What can I use the money for?
You can use the money for virtually any purpose, whether it be a car, home improvements, a holiday or to pay off your existing credit commitments.
4. How long will a long take to arrange?
On average, loans are completed between 12-21 days.
5. Can I protect my repayments if I am ill or made redundant?
Yes, we offer an optional accident, sickness and redundancy package with all our lenders for your total peace of mind.
6. What if I want to settle the loan early?
You can do this at any time. The balance outstanding will be calculated and a rebate given on the outstanding interest in accordance with the Consumer Credit Act 1974.
7. What exactly are secured loans?
A secured loan allows you to turn some of the equity in your property into cash that you can use. The lender will place a charge on your property until the loan is repaid, just like a mortgage.
8. Is my application confidential?
Absolutely. We will not contact your employers, bank or other third party without your prior written authority.
