criteria and example plans
 
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standard secured loans Criteria and Example Plans  


PRIME AND MILD ADVERSE PLANS

For an accurate quotation complete the form online and submit to us

 
LOAN ADVANCE CRITERIA COMMISSION (of gross loan)
PLAN APR
%
MONTH
%RATE
MIN MAX TERM
(Years)
#STATUS EQUITY
LTV
 
1 7.9 0.639 25K 75K 10-25 0 80 2.5%
2 7.9 0.639 20K 75K 10-25 0 80 2.5%
3 7.9 0.639 20K 100K 10-25 0 80 2.5%
4 8.9 0.716 25K 75K 5-25 0 80 2.5%
5 9.9 0.793 10K 75K 5-25 0 80 2.5%
6 9.9 0.793 10K 60K 5-25 1 80 2.5%
7 10.9 0.869 10K 50K 5-25 2 80 2.5%
8 13.0 0.9875 15K 50K 5-25 4 80 2.5%
9 13.5 1.0292 15K 50K 5-25 3 80 2.5%
*10 13.9 10.940 10K 50K 5-25 0 80 3%
 
   

* NB PLAN 10 - ONLY 6MTHS PRIME MORTGAGE LENDER HISTORY REQUIRED EVEN FOR 1ST TIME BUYERS ON THIS PLAN!


DRIVE BY VALUATIONS USED WHEREVER POSSIBLE

MOST CCJS > 3 YEARS OLD IGNORED

MOST CCJS AND DEFAULTS < £250 IGNORED

SOME PLANS ALL DEFAULTS IGNORED OTHERS if < 3 YEARS OLD

MOST MORTGAGE ARREARS > 12 MONTHS OLD IGNORED

 
   
SINCE ICOB rules of 14.01.05 during processing, if clients demands and needs are relevant, an optional single premium payment protection policy may be taken by them. If they take this option and we arrange it for them, an additional 1% of the net loan value will be paid to you as the introducer after the 30 day cancellation period for the insurance has passed (provided the clients have not cancelled the policy).


NB: no additional commission will be paid for applications that complete with monthly premium protection policy
 
 
contact us

 

    Personal Loans (UK) Ltd,
1st Floor Aztec Centre, Aztec West, Almondsbury, Bristol, BS32 4TD
Freecall: 0800 316 4848 Freefax: 0800 316 4747
email: info@24-7loans.net