Secured Loans in Northern Ireland - now available!

For the first time in over 2 years a Lender has announced they will lend Secured Loans in Northern Ireland. Evolution Money have decided to extend their £10,000 loan product to include residences in Northern Ireland. This loan is available to all home owners and is not dependent on any particular LTV level. Earlier this week we announced that Bridging Loans were available in Northern Ireland for the first time in 2 years, so we're pleased to be able to add Secured Loans to the list of loan products now available in Northern Ireland, though the providers of the Secured Loans are different (to those providing Bridging Loan finance) and the timing of the two announcements is coincidental. The main feature is that they will lend up to £10,000 without any reference to a LTV in your home (though credit score is important, as is earnings) meaning that a Secured Loan is now available to any homeowner witb a good recent credit record. There is no doubt that the Northern Ireland loan market has suffered disproportionately over the last number of years so the two announcements this week of both Bridging Loan and Secured Loan Lenders returning to the market is to be welcomed. One can only hope this will increase interest in the region and, in time, cause some competition to develop leading to a normalisation of lending conditions and a healthier property market. At Choice Loans we can help you with all your Secured Loans enquiries, simply fill in the form on our Secured Loans page or call us on 0845 1260350