QUESTIONS & ANSWERS

How much can you borrow?
The actual amount you can borrow is typically up to £ 250,000 however this will depend on how much equity you have remaining in your property. To find out exactly how much you can borrow simply complete the form on the right and a specialist advisor will call you to discuss options available.

Does Simpleto.co.uk charge any fees?
We do not charge you any fees. The companies that actually provide the secured loans will however charge fees, these will be made absolutely clear to you before taking up a secured loan. You will not be asked to sign any agreements or make commitments without the full details being explained to you.

Can you help people who have been refused loans by their bank or building society?
Certainly. This situation often arises, we have an excellent record of being able to assist and advise in these situations. Remember, just because one high street lender has refused to provide a secured loan does not mean that you will not be able to get a loan. Contact us now and we will find a financial solution for you.

Over how many years can a secured loan repaid?
Typically secured loans can be repaid over periods from 5 to 25 years. A specialist advisor will discuss this with you to find the best option for your needs.

If someone has Bad Credit or mortgage arrears can they still get a secured home loan?
Simpleto.co.uk provides access via partners to hundreds of lenders throughout the UK, we are confident that most situations can be catered for. The key to success in finding a secured loan in circumstances of poor credit is having the widest possible network of lenders to maximise the opportunity of obtaining a secured loan.

If someone is on a low income can they still get a secured loan?
Certainly. All types of income can be considered to determine suitability for a secured loan, examples are Incapacity Benefits and Tax Credits. One of the key requirements for obtaining a secured loan is that you have sufficient equity in your property and an income sufficient to meet the secured loan repayments.

If someone is self-employed and/or has a variable income, can they still get secured homeowner loan?
Yes. There are many lenders who specialise in providing loans for these circumstances.

Can fast secured loans be arranged?
This will depend in part on your circumstances, it is certainly possible to agree a loan within two weeks however if your circumstances are complex it can take longer.

Is it possible to repay secured loans early?
Yes it is. The terms for repaying a secured loan early will vary according to the type of secured loan. This is something that a specialist advisor will explain when discussing the various types of secured loan options identified for your needs.

Will you have to take out an insurance policy to obtain secured loan?
In most cases the lender will require life insurance cover to help ensure the loan is repaid in the event of death, this is normally the minimum cover required. Other types of insurance may be appropriate depending on your circumstances, this is something the specialist advisor will discuss with you.

What happens after submitting the loan request form on Simpleto.co.uk?
An experienced advisor, approved by the Financial Services Authority, will contact you to discuss your particular needs and options for a secured loan. At no time during this discussion will you be under any obligation or commitment, this is a FREE service.

 

Financial Services Authority (FSA) Regulations

WARNING: THINK VERY CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME COULD BE REPOSSESSED IF YOU DO NOT KEEP UP WITH REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON YOUR HOME.