Borrow £40,000 For Any Purpose Over 5, 10 Or 15 Years.
Loans For Good & Bad Credit Via A Large Lender Panel.
Over 25 Years Experience In Arranging £40K UK Loans.
Enquire Online Or Call For A No Obligation Free Quote.
Having been around for over 25 years we have noticed that the cost of buying anything these days - from a new vehicle to a new kitchen - can involve quite large sums of money. Also the availability of store credit, competing credit card companies and appealing personal loan / over draft facilities can lead to a household stacking up a significant debt which may be impacting on your cash flow. Thereby making any new major purchase or carrying out important enhancements to your home a challenge.
It is therefore not surprising that many of our clients decide to obtain £40,000 to tick all the desired boxes in one go. You could use the money to get back on top of your finances and / or make your project a reality - perhaps you are seeking a buy to let property, a holiday home or a major extension / renovation, all of these purposes (and more) are quite acceptable. Furthermore there are loan plans competing for UK customers whether with either good or bad credit.
>Fortunately our longevity in the loan arena means we have large loan plans available which enable amounts of £40,000 or more to be obtained. The key thing is not to be rushed into a decision to take out this size of loan. Firstly discuss your requirements confidentially, without obligation with our UK based loan team and get your free personal quotation, this will help you make the decision to go ahead or not when you are ready. Call us at your convenience on 0800 298 3000 (freephone), or 0333 0031505 (mobile friendly) or simply fill in our 1 minute on line enquiry form and we will call you. Clearly there are criteria that you will need to meet, but you may be surprised how flexible the terms can be.
The £40,000 secured homeowner loan route is just one example available for any purpose loans - this can offer terms of 3 to 25 years and does not interfere with your current mortgage - loans on this product start at around £4,000 and go up to over £140,000. Alternatively we can offer remortgage solutions giving you options where you could obtain the funds you require and potentially bring your current mortgage rate down or take the money as a second mortgage. One major factor is security. Loans of this size through our options (and generally in the large loan market place) will need to be secured. This can be on a buy to let property you rent out, a major asset or business you own or even on your own house. This can be via a secured loan, an equitable charge or a remortgage - alternatively equity release may be the answer.
Another way to obtain a £40,000 loan is via remortgaging - basically by taking out a new larger mortgage on your home and adding this amount to your mortgage. As an example repayments on £40,000 over 15 years at 2.2% could be £269.80. The Overall cost for comparison is 4.5%APRC. Advice fee included. Lender and product fees may also apply. We also arrange £40,000 over 5 and 10 year terms to suit your budget. You often find that the rate of interest charged on a mortgage will usually be lower than that on most loans, so if you are coming to the end of your fixed period or your current mortgage deal has no early repayment charges this could be a suitable option. First Choice Finance arrange both loans and mortgages so will be happy to look at both options, all quotes are personalised and without obligation, plus you will receive expert help and guidance throughout the financing process.
If you have got a £40,000 budget to carry out home improvements you can achieve an awful lot, from building an extension or loft conversion to a full renovation of your property. Investing £40,000 into your property should hopefully increase your homes value in the long term, but either way you will be living in the environment you have created. First Choice Finance could help you obtain money for virtually any purpose, including many types of home improvement projects large and small, enquire online or give us a call and receive your no obligation free quote. Maybe you are looking at a combination of purposes, perhaps you want to get back on top of your credit cards or personal loans, sort out a new car and carry out some home renovations, well with a budget of £40,000 you can hopefully tick all of those boxes.
The loan underwriters and mortgage advisers at First Choice Finance have extensive product knowledge of all the different plans we have available, we built strong relationships with all of our lenders allowing us to communicate and solve problems should they occur as quickly and painlessly as possible. We always strive for a competitive rate for our customers even with bad credit and fight to get access to plans not readily available on the high street. There are probably many more lenders out there than you would think, all competing for consumers, so they seek different types of consumers to enable them to get some market share. This means that there are plans for both employed and self employed customers along with loan products for people who have been unlucky enough to incur defaults, county court judgements or even mortgage arrears. We must be realistic and getting a large loan is by no means a certainty but at least there are companies out there who are willing to try and give you a second chance and enable you to put your finances back on track and even repair your bad / poor credit.
With a secured loan from First Choice Finance you are able to spread your payments to suit your circumstance, choosing a longer loan term will reduce your monthly repayments, although this will result in you paying back more over the term of the loan. When you enquire, where we can help, you will be able to get a free no obligation quote on various different loan plans that fit your requirements.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
Established In 1988. Company Registration Number 2316399. Authorised & Regulated By The Financial Conduct Authority (FCA). Firm Reference Number 302981. Mortgages & Homeowner Secured Loans Are Secured On Your Home
First Choice Finance is a trading style of First Choice Funding Limited of The Old Courtyard, 103 Buxton Road, High Lane, Stockport, Cheshire. SK6 8DX. Copyright protected 2014.