Croft Mortgage Services also offers advice and experience in the following areas:-
Croft Mortgage Services will be pleased to arrange competitive secured and unsecured loans. With a number of selected lenders to choose from, we can provide you with appropriate advice and products in a very short time.
Secured loans are loans that use one or more of your assets as security should you be unable to pay the monthly repayment. This is almost always your property in the same way that your mortgage uses your house as security. Secured loans are different in that they require no up front survey, legal or other fees. Secured loans can be used for any purpose. Often secured loans are used to consolidate debt, home improvements, a new car purchase or indeed anything else you might choose.
Secured loans can offer better interest rates than unsecured loans because of the security provided for the lender and are easier to obtain.
Repayments on secured loans are monthly and over a fixed period of time, usually between three and twenty five years. There may also be early repayment charges on these loans. It is important to note that loans taken over a longer period of time will be cost more in the long run due to the increased amount of interest. Always pick a term which is affordable to you.
All unsecured consumer loans regardless of the size are now regulated by the Consumer Credit Act 1974. A change occurred in April 2008 when the £25,000 limit was removed. You will have a five day cooling off period after you receive the 2nd agreement to allow you to change your mind if you decide the loan is not right for you.
For advice and assistance on loans please contact us.
Secured & Unsecured loans are not regulated by the Financial Services Authority.
At Croft Mortgage Services we use our knowledge and experience to search the whole commercial mortgage market and we are very pleased to offer our services to help your business secure the best commercial mortgage available.
Our training helps us deal effectively with self-certification of income for the self-employed, self-employed without accounts, tenanted and investment property and many other business models.
Even If you require higher Loan to Value (LTV) or have had previous credit difficulties, please get in touch. We can provide assistance and can often help businesses to borrow.
Whether you are trying to raise capital for new business premises, purchase vehicles or stock, would like to expand your existing business or start a new one, for professional advice and guidance please contact us.
Commercial Mortgages are not regulated by the Financial Services Authority.
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