Energy prices have risen at eight times the rate of earnings over the past four years and if you`re struggling to keep up because other credit commitments are eating into your cashflow or maybe your bills are very high because your home has no insulation, a homeowner loan may be able to help ease your finances.
New findings from Citizens Advice indicate that while our pay has inched up by just 4.4 per cent since October 2010, gas and electricity prices are 36 per cent higher than they were, that`s three times higher than the rate of inflation over that period.
It`s got to such a state that two-thirds of us are likely to turn down the thermostat this winter, with 32 per cent indicating that they will `definitely` act, according to market research firm HPI.
Rather than feeling the chill over the colder months, a homeowner loan can be use to improve the insulation properties of your home perhaps through double glazing or cavity wall insulation or it could help to consolidate your existing unsecured outgoings into a single, more manageable undertaking. While you may pay more interest over the course of the loan, choosing this option could free up money in your monthly budget so that you can keep the radiators on.
Find out how we could help you by visiting firstchoicefinance.co.uk or by giving us a call – from a mobile, it`s 0333 003 1505 and from a landline, it`s 0800 298 3000.
Homeowner Secured Loans
Rates From 7.1% APRC
Representative Example £30,000 over 72 months @ £679.90 repayments. Total payable of £49,949. 20.1% APRC including £2,975 intermediary fee and a £995 lender fee. Loans secured on property.
First Choice are tied to certain loan providers.
Mortgages & Remortgages
Borrow £80,000 over 25 years
At 4.6% Variable, £461.95 for
300 months. Total Payable
£138,585. Total Cost Of
Credit £58,585 (incl £1360 fee).
Unsecured Personal Loans REPRESENTATIVE 49.9% APR (VARIABLE)
First Choice are tied to certain unsecured lenders.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. Security is required on
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.