Have you got adequate protection?

Are you worried about redundancy?

If you became long term sick, could you pay your outgoings?

To go some way to alleviating these problems we offer:

- Life insurance with critical illness cover
- Sickness, Accident and Redundancy cover
- Income protection
- Buildings and contents cover
- Secured Loans

We are not only here to help you buy or remortgage a property. We are also here to make sure that you can afford to stay in it should any unforeseen happen.

What are secured loans?

A secured loan is a loan where you will be required to use your property as security against the loan, so the lender is able to balance the risk of lending to you. The amount that can be borrowed differs from lender to lender and your individual circumstances. The amount that can be borrowed, the term available and the Annual Percentage Rate (APR) will depend on:
the value of your property
your ability to repay the loan
your personal circumstances
You need to think very carefully about how you manage a secured loan. If you default on the loan you risk losing your home.

Who should choose a secured loan?

Secured loans allow you to borrow more and repay over a longer period than a personal loan – up to 25 years. They can normally be used for almost any purpose and as the lender has the benefit of security they can be offered to people who may be excluded from other loans. Borrowers who are self-employed, have recently changed jobs or have previous credit problems will be considered for a secured loan. They are also useful for borrowing larger sums or where the applicant requires a longer repayment period.

How can I find the best secured loan?

Here at the Mortgage Point, we can help you ! Simply fill in the Enquiry Form on the right of this page of click here to get in touch with your nearest Mortgage Point branch.