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| At
the UK Loan Company, we'll search from our carefully selected panel
of lenders to provide you with some of the most competitive rates
of interest available. Giving
you more borrowing power.
While we will allow you to borrow up to 125% of the property value,
with a typical bank loan you are not usually able to borrow more
than 95% of the value of your property. This means that a UK Loan
Company Personal Loan can give you considerably more borrowing power,
as demonstrated in the example below.
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| UK
Loan Company Loan |
Typical
Bank Loan |
|
|
| Your
Property Value |
£100,000 |
£100,000 |
| Maximum
Borrowing |
125% |
95% |
| Maximum
Borrowing Limit |
£125,000 |
£95,000 |
Less:
existing mortgage |
£80,000 |
£80,000 |
| Maximum
Loan Available |
£45,000 |
£15,000 |
Your
Extra Borrowing Power |
7.7% |
£257.28 |
| There
are many reasons why you may want to take out a UK Loan Company Personal
Loan. If you have negative equity, for example, you are probably not
looking to move home but could enjoy the benefits of some home improvements
like a new kitchen or bathroom or even a loft conversion. Or it may
be that you are looking to consolidate all your debts into one straightforward
affordable loan
To
apply simply apply online
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