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First Choice Finance - Mortgage BrokerCompare Home Owner Loans


Could I go on holiday with equity release

Could I go on holiday with equity release

 



Video transcript

If you`ve dreamed about taking in some of the great cities in the world through the holiday of a lifetime but never had the finances, equity release could be your passport into your dreams.

While your typical destinations like Paris, Rome or Barcelona may immediately spring to mind, apartment rental company Housetrip.com has found that it`s actually Hungarian capital Budapest that holds the most allure for British travellers, on a round Europe break you could see them all.

The city that famously straddles the Danube received the most five-star reviews from satisfied customers, pushing Lisbon into second and Amsterdam down into third. Among the places to visit in Budapest are the Art Nouveau Gellert Baths and Memento Park, which is a synopsis of the city`s Socialist past.

Equity release is used by some retired homeowners to raise money to enjoy their retirement. However the loans are secured on your home and incur interest so you should seek advice before entering into any such agreements.

To find out our equity release options visit firstchoicefinance.co.uk or call us on 0800 298 3000 or 0333 003 1505.
 

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
4.5% APRC
Representative Example: 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.
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 immovable property.



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.


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