Monthly repayment examples
We don’t publish repayment terms as we seek to establish
the lowest rates suitable to your circumstances.
Please telephone or email for a quote.
APR:
You will be quoted an APR (annual percentage rate) that will include all costs associated with your loan. Interest will be variable in all cases unless we state otherwise. Fixed rates and interest only repayments available on selected plans.
Early repayment charges:
The maximum charge you will incur if repaying your loan early will be one month’s interest plus one month’s notice to settle or interest in lieu. In addition a small discharge fee is added plus the remaining capital balance on your loan, there is no long term commitment. If used for business, including Buy to Let charges may be higher.
Other Information:
The loans we are able to arrange start at £10,000 and usually go up to a maximum of £150,000 with repayment terms from 5 years to 30 years. The repayments we quote you will be for guide purposes only and can only be confirmed when a full application has been received.
Where you are self employed without business accounts or have an adverse credit history or where the equity margin exceeds 70% of the value of your home you might not qualify for our standard terms and a suitable alternative will be offered.
A fee will be charged by the lender to set up the loan and we will charge you a fee for arranging the loan, the fee will cover costs such as property survey, references and consents, we will also be paid a commission by our lender. We will tell you what these costs are when your application is approved. No charges are payable in advance and you may withdraw at any time up to receiving funds without cost. After release of funds the fee charged is not refundable under any circumstances. All costs are clearly stated in the credit agreement that will be sent to you.
Applications are approved provisionally in the early stages and subject to verification, status and other qualifications. We reserve the right to refuse an application or offer terms other than our standard repayment plans if circumstances dictate.
The information here relates to private residential loans only. Terms may differ if the loan is for business use is secured to business/commercial property or the security property is not occupied by the applicant.
There are NO fees or charges to pay if you do not proceed
with your application up to release of funds.
Rates correct at time of notification but are subject to change without notice – Guardian Homeloans are licenced credit brokers and members of the Association of Finance Brokers
