Financial news from around the UK
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Times are getting tougher for first-time buyers looking to secure a high-value mortgage and get their first foot on the… Read More
Last month, the Bank of England (BoE) lowered interest rates from 0.5% to 0.25%, a record low and the first… Read More
House prices in the UK have continued to follow the trend of recent months, falling in August by 0.2% overall…. Read More
Evolution Money are celebrating today after successfully being named, for an impressive second year running, Best Second Charge Mortgage Lender… Read More
Manchester based lending specialist Darwin Loan Solutions, has today announced, all of the companies within the group have received their… Read More
First time buyers in some parts of the country will have to save for at least ten years if they… Read More
Deciding which type of loan is the best depends entirely on your own circumstances as neither of these loan options… Read More
Home improvements can scale from a complete demolition of walls and extreme renovation, to the smaller less demanding task of… Read More
Loans being used for home improvements are becoming increasingly common, with many people choosing to improve the quality of life… Read More
There are several common financial myths that carry on circulating, despite being misleading. It makes good sense to get up… Read More
Representative 22.93% APRC variable.
For a typical loan of £26,600 over 180 months with a variable interest rate of 19.56% per annum, your monthly repayments would be £484.00. This includes a Product Fee of £2,660.00 (10% of the loan amount) and a Lending Fee* of £763.00, bringing the total repayable amount to £87,030.00. Annual Interest Rates range between 11.7% to 46.5% (variable). Maximum 50.00% APRC. *Lending Fee varies by country: England & Wales £763, Scotland £1,051, Northern Ireland: £1,736.
Think carefully before securing debts against your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured against it. If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
