Home Equity Loans
Do you need a Home Equity Loan?
If you have equity in your home that you would like to borrow against for any purpose and you don’t wish to refinance your existing mortgage – a home equity loan may help.
What are Home Equity Loans?
Home equity loans are secured loans that are secured against the equity in your home. Home equity loans are particularly useful if you either cannot remortgage, or does not wish to remortgage, in order to release the equity in your home.
What can Home Equity Loans be used for?
You can use the funds released through a home equity loan for any purpose including:
- Consolidating debts
- Home improvements
- Buying a car
- Paying for school fees
Do I qualify for a Home Equity Loan?
Home equity loans are assessed on a case by case basis. Lenders will assess your application based on factors such as your credit rating, employment status, and other personal financial circumstances.
At a minimum, you will need to be a home owner and have some equity in your home.
Contact a mortgage adviser in three easy steps...
...and speak to an independent mortgage broker today.
With our connection to thousands of UK mortgage brokers your details will be passed to the most appropriate advisor who will contact you to assist with your requirements. You will therefore only be contacted by one UK mortgage advisor.
Please only complete the form if you are a UK resident and require a UK mortgage or loan.
Your home may be repossessed if you do not keep up repayments on your mortgage.
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