Frequently Ask Questions

We do not pose any restriction as to the use of the loan amount. Customers can use the loan amount to meet any of their requirements.

Do you offer loans to non home owners?

Yes! We offer loans for non home owners too. They can get attractive tenants loans and unsecured loans.

If I need a loan again, what will be the procedure?

The customers can get the second loan or mortgage quite easily. Their details are with us and they would be required to specify just the amount of loans. Any other relevant changes also need to be specified.

Please explain the facility of loan protection?

Loan protection is a way to ensure regular monthly payments. They ensure that no matter what the loan or mortgage repayment will be made. We offer accident, unemployment and disability loan protection.

What is the maximum borrowing under loans and mortgages?

There is no maximum limit to the amount of loans and mortgages. Customers can get loans and mortgages from £3000 to £500,000. The repayment period of loans and mortgages is 3- 25 years.

Enumerate the procedure of over payment and premature payment of loans?

We do not have an over payment facility. The monthly payment has been predetermined according to the amount of interest and the number of installments.
Customers can apply for premature payment of their loan. They get a rebate on the remaining balance, i.e. they benefit from prepayment of the loan.

There is no restriction on moving or selling the home which one has kept as collateral. However he will have to repay the remaining balance of the loan through the sale price received. Or the loan or mortgage may be transferred to the next property.

I need fast loans. What is the time within which the loan will be approved?

We do not specify any specific time frame within which loans and mortgages will be approved. We usually take a week time to complete the processing. Correct details will allow us to forward the loan application instantly.