Who are Moneycall and why should I choose you?
We have over 35 years experience in the Loans and Mortgage market. Our fully qualified advisors can help you find a financial solution designed to help you borrow money or consolidate your existing borrowing at extremely competitive rates.
No matter what your current borrowings are, or your present circumstances, we can offer you a suitable financial solution. We can help you even if you've had a poor credit history, including CCJ's, arrears or defaults.
Why would I want a secured loan?
A secured loan is secured on your property, so you may be worried about the risk involved. As simple as it sounds, you can't lose your home if you keep up the repayments. As a responsible broker, we make sure you can afford the repayments- and often we can reduce your monthly outgoings.
There are many possible benefits to a secured loan, for example payment holidays (where you can stop making repayments for an agreed period). However the biggest benefit is cheaper borrowing.
With a secured loan, lenders are able to offer larger sums (depending on the value of your property). Secured loans can also be repaid over a longer term than unsecured loans, which can make the loan more affordable.
What if I can't keep up the repayments?
We make sure you can afford the repayment and we also offer a range of insurance products to cover you if your circumstances change.
How much can I borrow?
This will depend upon your income and the amount of equity within your property & your credit status.
What if I already have defaults, CCJs or mortgage arrears?
We have many lenders on our panel offering a diverse range of plans. This enables us to arrange finance for people in some of the most difficult circumstances.
Over what period of time can I spread my loan?
This is usually entirely up to you. Generally loans are available over three to twenty-five years.
Are fixed interest rates available?
On the majority of our loans we are able to offer interest rates fixed for up to five years (where the loan term is 60 months or longer). Rates of interest that are fixed for the whole loan term are also available.
Is the application confidential?
Absolutely. Your loan application is treated in the strictest confidence. We will not contact your employers, bank or any other third party without your prior permission.
What if I want to settle the loan early?
Loans of up to £25,000 are governed by the Consumer Credit Act and a rebate will be given in accordance with the Consumer Credit (Early Settlement) Regulations 2004. The calculation varies between lenders for loans in excess of £25,000. Your dedicated Underwriter will be happy to discuss early settlement with you once a lender has been selected.
What if I want to move house?
Simply request a settlement figure from the lenders and pay this from the proceeds of the sale or alternatively we may be able to transfer the loan to your new property.
What if I want to borrow more in the future?
Simply telephone our office and we will gladly supply you with a quotation for a further advance.
How long will the loan take to arrange?
The whole process usually takes two to four weeks dependent upon a number of factors including how quickly you can supply us with the documentation required to complete your loan.
Will you charge me a fee?
Upon completion of your loan we apply a fee of up to 10% (maximum). If you take No loan - No fee is payable.
What if I have other questions - or my circumstances change?
As a customer of Moneycall, you are never left without good advice. You can speak to our trained advisors who draw on extensive experience of helping homeowners like yourself. So you may rely on prompt and sensitive help.
Will the personal information I provide be secure?
Yes. As we're regulated by the Financial Services Authority and registered under the Data Protection Act, we follow the strictest confidentiality guidelines. Please refer to the privacy policy
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. THERE WILL BE A FEE FOR ARRANGING YOUR MORTGAGE. THE PRECISE AMOUNT WILL DEPEND UPON YOUR CIRCUMSTANCES
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. THERE WILL BE A FEE FOR ARRANGING YOUR MORTGAGE. THE PRECISE AMOUNT WILL DEPEND UPON YOUR CIRCUMSTANCES.
