Home Finance loans starting from £25,001 or less

Even if you require a relatively small Home Finance loan we can help. Our minimum Home Finance loans normally start at £25,001 although we do have access to select lenders who specialise in even smaller sums. The Home Finance loan can be secured on commercial property, residential property or land and as a first or second charge. Subject to status we can raise Home Finance for well over £1,000,000.

Fast Home Finance loans for employed or self employed, without proof of income, impaired credit, individuals or companies

As Home Finance loan lenders and brokers we have arranged Home Finance for clients who are employed or self employed, for clients who cannot prove their income, clients who have impaired credit and also for limited companies.

Home Finance loans with a maximum term of up to 12 months. Extensions and longer terms may be granted in certain circumstances

Our usual term for Home Finance is between 3 and 9 months however we can arrange longer terms subject to status. We would not normally exceed 12 months although we do try to be as flexible as possible and providing the client keeps in regular contact we could look to extend the Home Finance loan term after expiry on a month by month basis.

Flexible and bespoke underwriting and lending criteria

Our panel of lenders use a large degree of flexibility when underwriting. Through our contacts, associations and private agreements in the world of Home Finance we also have the ability of knowing which Home Finance case can be submitted to which company. Due to this we are very confident in saying that "if we can't find a home for Home Finance loan requests then nobody else can".

Highly competitive Home Finance loan rates

Our standard Home Finance rates are already highly competitive. We also have a bespoke approach which allows us to reduce, remove or minimize set up fees for repeat clients and preferred business and also to reduce rates where applicable.

Home Finance loans normally up to 70% of the property valuation. In specific situations 100% Home Finance loans are also available.

Our normal Home Finance loans will not exceed 70% of the valuation of the property however in certain circumstances where for instance a property is being purchased for substantially below market valuation or when additional security is being used we can allow a Home Finance loan for the full purchase price of the property.

Home Finance funds can be issued within several days of initial contact

Most Home Finance companies state that funds can be released quickly but in reality this is pure fabrication and with many a Home Finance loan can take longer to arrange than with more traditional forms of finance such as a mortgage. Through our extensive trials we have located companies who are geared to release Home Finance funds in days of contact not weeks or even months. We also have our own underwriting and Home Finance lending facility where depending on the case we can act very quickly and release the Home Finance loan within a few days of the original request.

Immediate decisions in most cases for a Home Finance loan

We rarely have a Home Finance loan application where we are unsure of whether or not we can place the case. We have vast experience in the use of Home Finance and are approached about many potential uses of Home Finance on a daily basis. We could normally give you an immediate answer on whether or not a Home Finance loan can be used for your requirements.

Home Finance loans for UK residential property, commercial or land deals. Land or property owned by a 3rd party may also be used as security for your Home Finance.

Our Home Finance loans can be used for any use and can virtually be secured subject to agreement on all immoveable residential properties, land or commercial property within the UK.

Payments can be made in two ways either by including payments within the Home Finance loan amount so monthly installments are not required or payments can be made monthly.

We look at the situations and requirements for our Home Finance in many different ways. For example if the Home Finance loan is to be used to buy and renovate a property by the applicant who will have no other source of income until the renovation is complete we would where possible try and include the monthly payments within the loan amount so in this instance monthly payments will not be required.

Example - the Home Finance loan required is for £50,000 over 6 months. The monthly payments of approx £750 x 6 would be included in the advance making the total loan advance to be repaid without any additional fees approximately £54,500.

Alternatively payments can also be made on a monthly basis .

1st or 2nd charge loans available for fast finance

As our associate companies are licensed both under the Consumer Credit Act and Financial Services Authority we are therefore authorised to lend in both Regulated and Non Regulated areas. As such our Home Finance loans can be secured on property as either a first or second charge. A first charge Home Finance loan means that we are the only charge on the security address. A second charge Home Finance loan means that our charge will be registered and ranked behind a first charge lender such as a standard mortgage.

Home Finance scenarios comparing different types of Home Finance loans

Home Finance can be arranged in one of two basic ways - "open ended" or "closed".

An open ended Home Finance loan requires no pre-arranged exit for the lender where as a closed Home Finance loan has a guaranteed exit. As a closed Home Finance loan is less risky the lender may charge a lower interest rate. The exit is normally in the form of a sale where contracts have already been exchanged or another similar legally binding agreement. Closed Home Finance loans generally are for a much shorter term than an "open Home Finance" however funding of up to 12 months should still not be a problem. The rates for an open Home Finance loan can be higher than for a closed loan due to the increased risk for the lender. An 'open' Home Finance has a less secured exit route and can be used for buyers who have seen their ideal property purchase but have yet to sell their own. With an open Home Finance loan a responsible lender will usually ask more questions and request more supporting documentation to ensure the applicant will be able to repay the loan by the end of the agreed term without difficulties. A lender will also insist that the property has an agreed amount of equity remaining once a Home Finance loan has been activated. An open Home Finance loan may also be used if the applicant is in fact seeking a mortgage (which has not yet been agreed) to remove the Home Finance. The open nature and uncertainty of an open Home Finance means higher interest rates and higher loan costs. The benefits are that Home Finance is delivered fast.