Capital Raising

Capital raising is one of the major reasons people apply for a secured loan. Unlike a mortgage, a secured loan is quick and simple to arrange, and generally can be used for any legal purpose, including, holidays, business use, debt consolidation, to pay for a wedding, a holiday, basically whatever you require. A secured loan can be used to quickly fund the purchase of a property at an auction for example, which can be sold off or funded by a conventional mortgage at a later. more convenient time.

The amount of capital raising that can be done depends largely on the amount of equity in your property, for example a lender who will lend up to 90% of the value of a property would lend £45,000 on a £100,000 property with an existing mortgage of £50,000.

It’s important when capital raising that the loan plan suits your needs.

Is it a short term, or a long term loan you require?

Is it for debt consolidation?

How does the loan you require relate to the value of your property?

Have you had credit problems in the past?

These are just some of the factors that need to be considered to find the right loan for you.

With one of our secured loans there is no big redemption penalty!