Why choose a V Secured Loan?
- Can help clients to avoid early repayment
- Maximum redemption penalty now just 2 months interest*
- Loans between £3000 to £100,000
- Genuine unlimited adverse scheme available up to 65% LTV
- Borrow up to 85% LTV
- Self Certification options available
- Interest Only or Repayment options available
- Defaults ignored (lender specific)
- CCJ's and mortgage arrears taken into account (lender specific)
- Unsecured credit ignored for affordability purposes (lender specific)
- Buy-to-let/semi-commercial second charges available - Upto 65% LTV
- Funds can be borrowed to discharge an IVA
- Can consider loans to ex-bankrupts or IVA borrowers
- Can help clients to avoid moving their main mortgage into a sub prime product
- Can be kept separate from their main mortgage and paid off in a shorter time
- Common for lenders not to require planning consents and estimates for home improvements, as this is often covered by title insurance.
* All loans now governed by Consumer Credit Act except where loan purpose is for business purposes – different redemption penalties may apply
Viva points - one more reason to choose V Loans!
Fancy driving a ferrari for the day? Or would you prefer to relax in a health spa? With the new Viva Points from V Loans you'll be able to do both for free! Click here to find out more.
Other acceptable purposes for a secured loan
- Timeshare
- Holiday Homes
- Cosmetic Surgery
- Purchase of Cars
- Investment Properties
- Buy-to-Let Second Charges
- Home Improvements
- Debt Consolidation
- Tax Bills
- Business Purposes
If you have any potential cases you wish to discuss please complete our online application form or contact us on 0845 618 0280.