Secured and unsecured personal loans
Mortgage Promotions recognises that raising
finance by remortgaging, or an additional loan from the existing lender, might
not always be in a customer’s interests. We have, therefore, negotiated
products for our members to arrange either secured or unsecured personal loans.
Arranging secured or unsecured personal loans means that customers can save
money, but not have to pay existing lender redemption penalties as a result
of fixed or discounted overhanging redemption penalties.
Secured and unsecured loans are often processed much more quickly than first
mortgages enabling funds to reach
customers without delay.
Usually loans can be arranged for any legal reason and benefit from flexible
underwriting.
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