A Home Owner Loan is designed for those that wish to get a loan and pay it back over a longer period to make it more affordable to you on a monthly basis. Debt Consolidation have access to a number of Home Owner Loans which you can use for any purpose, such as consolidation of your unsecured debt.
You can use our homeowner loans for any purpose. Many of our clients use them to consolidate their high-interest debts, such as overdrafts, credit cards, store cards and unsecured personal loans.
Perhaps you could use your homeowner loan to purchase your new car or to raise funds for home improvements, which may increase the value of your home.
Debt Consolidation can offer you with a large range of lending terms, such as repayment periods between 3 to 25 years and you can borrow virtually any amount between £3,000 and £100,000.
As long as you own your home (even with a mortgage secured on it) you may be suitable for a Home Owner Loan as it is an additional loan and the amount that you borrow is based on the equity.
There are hundreds of lending plans available, so even if you have mortgage arrears, county court judgments, defaults or a poor credit rating, don't worry as we will extensively search the market to find you a loan.
For more information and to apply for a Home Owner Loan from Debt Consolidation, please call us free on 0800 048 3674 or fill in the Quick Enquiry Form and we will call you back.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERM OF DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.
For mortgages and re-mortgages the overall cost for comparison is 8.5% APR variable and for secured loans 14.5% APR variable. The actual rate will depend upon your circumstances. Ask for a personalised illustration. A broker fee may be payable on completion, and will depend on your circumstances. For mortgages and re-mortgages this fee is typically between 0% and 3% of the gross mortgage amount, subject to a minimum of £2,495 and a maximum of £3,995. For secured loans, the fee is typically between 0% and 10% of the loan value.
DebtConsolidation.co.uk is a trading name of Ask Finance Ltd which is registered in England and Wales (company number 4229724), Jackson House, Sibson Rd, Sale, Manchester, M33 7RR. Ask Finance is licensed under the 1974 consumer credit act to carry on the business of consumer credit, consumer brokerage, debt adjusting and debt counselling. Consumer Credit License No: 507130. Ask Finance is authorised and regulated by the Financial Services Authority (FSA) - FSA No: 300490 - for the provision of mortgage advice and arranging insurance.