UK Finance Online
Frequently Asked Questions
Authorised and Regulated by the FSA

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Below are 8 of our most frequently asked questions about UK Mortgages, UK Remortgages and UK Secured Loans, UK Tenant Loans:

1. How much can I borrow?
Our loans start at £5,000 and go up to £500,000.
It all depends on your available income and the amount of equity in your property.

Don't Panic! We have a finance deal for you even if you have a poor credit record2. What will it cost?
Your loan can be spread between 5 and 25 years.
Why not check our repayment guide to help you decide?

3. What can I use the money for?
Depending on your circumstances and the reason for the loan, you may, for example, use the money to pay off existing credit commitments.

4. How long will a long take to arrange?
On average, loans are completed between 12-21 days.

5. Can I protect my repayments if I am ill or made redundant?
Yes, a package is available through our lenders.

6. What if I want to settle the loan early?
You can do this at any time. The balance outstanding will be calculated and a rebate given on the outstanding interest in accordance with the Consumer Credit Act 1974.

7. What exactly are secured loans?
A secured loan allows you to turn some of the equity in your property into cash that you can use. The lender will place a charge on your property until the loan is repaid, just like a mortgage. Please see the answer to question 3 above about what may occur if you do not keep up repayments.

8. Is my application confidential?
Absolutely. We will not contact your employers, bank or other third party without your prior written authority. See our Privacy policy for full details

 
     
   
Our typical, variable rate is 10.9% APR. Rates range from 7.7% to 18.3% APR. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Loans subject to status, type and value of property. Minimum age 18.

UK Finance Online Ltd is authorised and regulated by the Financial Services Authority (FSA reg 303974). The FSA does not regulate personal loans other than those secured by way of a first charge on residential property.

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