Loans

Bureside Mortgage Services will be pleased to arrange competitive secured loans valued from £5,000 to £150,000 and unsecured loans valued from £1,000 to £25,000. With a number of selected lenders to choose we can provide you with appropriate advice and products in a very short time.

Secured and Unsecured Loans

Secured loans are loans that use one or more of your assets as security should you be unable to pay the load amount. This is almost always your property in the same way that your mortgage uses your house as security. Secured loans are different in that they require no up front survey, legal or other fees. Secured loans can be used for any purpose. Often secured loans are used to consolidate debt, for home improvement, new car purchase or indeed anything else you might choose.

Secured loans can offer better interest rates than unsecured loans because of the security provided for the lender and are easier to obtain.

Repayments on secured loans are monthly and over a fixed period of time, usually between three and twenty five years. There may also be early repayment penalties on these loans.

If the loan amount is below £25,000 this will be regulated and you will have a seven day cooling off period to allow you to change your mind if you decide the loan is not right for you.

Bridging Finance

A bridging loan is short term finance that can provide fast access to funding at a time that can be particularly stressful, for example to help buy a new property before you have sold your existing one.

With bridging finance the loan will always be secured against residential or commercial property and a first or second charge will be taken against either the new or existing property or a combination of both.

Other uses of bridging finance could be:

  • To buy a property for renovation/conversion and quick sale
  • Purchase at auction
  • To finance the purchase of a second home abroad

Bridging finance is usually quick, On average 7 - 10 working days from enquiry to completion.

For advice and assistance on loans please contact us

Some of our services are not regulated by the Financial Services Authority. An additional fee maybe payable for these services.

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YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT

IMPORTANT - Please Download & Print Out Our Initial Disclosure Document (IDD)

Sycamore Farm, Ramsgate Street, Edgefield, Norfolk, NR24 2AY Tel: 01263 587341,
email: info@buresidemortgage.co.uk Principal: Alexandra Joanne Watson

Bureside Mortgage Services is an Appointed Representative of Network Data Ltd which is authorised and regulated by the Financial Services Authority - Network Data Ltd is entered on the FSA register under FSA reference 300391

The guidance and/or advice contained within this website is subject to the UK regulatory regime and is therefore primarily targeted at consumers based in the UK

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