Frontier Finance

"We offer a comprehensive range of products from an extensive panel of lenders:

Secured Loans

Do you qualify?

YES is the answer. Even if you:

Are Self employed?

Have CCJ’s & Defaults; Have up to & more than 6 months mortgage arrears; Are still in pre-emption (Ex-Council properties); Need to borrow up to a 125% of your properties value; IVA (Involuntary Arrangements); Are Bankrupt; Want a Equitable charge; Have another Home Owner loan; Are looking for interest only repayment; Have a Buy to Let property or even live in Houses, Bungalows, Flats, Maisonettes, none standard construction, low/poor value properties.

Benefits of a Secured/Home Owner Loan

No ERC (Early Repayment Charges on your Mortgage)

Completion time 2 – 4 weeks

Loans from £5,000 to any amount

We pay for your Valuation

Loans over 25 Years

Interest only & capital repayment loans

Mortgages and Remortgages

Buying your home or remortgaging your home will probably be the single biggest financial transaction you ever make. It should be an exciting experience but unfortunately, at times it can also be worrying. The aim of this service is to give financial introducers access to almost 8,000 different products & hundreds of different lenders to ensure your client(s) get the service they deserve.

Our introductory service will give you access to the full range of mortgage products available through UK mortgage lenders. They offer:

Fixed; Discounted; Offset; Variable; Capped; Self-certification; Interest only; Capital repayment; Commercial Mortgages and Full Status Loans.

This is where lenders will look at established businesses allowing them to purchase or re-mortgage their trading premises. Generally the lender will require:

Three years satisfactory accounts; Six months bank statements; A business plan; Assets & Liability statement; A interview by the lender; Clean credit history/light adverse; Loan to value below 75% (usually 70%); The loan term can vary depending upon which lender is used & can be from 10 – 30 years.

Repayment is usually capital repayment.

Interests rates vary from 1% – 3% above libor.

Self Certification Loans:

Individuals/businesses can now have self cert loans. This type of loan is becoming fairly simple and more and more applications are being made to lenders due to the minimum of requirements.

No Accounts; No bank statements; No interviews and Adverse credit considered.

Funding can be arranged for someone starting a business to buy their trading premises. Loan to value can be arranged up to 85%. Interest rates vary between 3.5% and 5.5% above Libor. The term of the loan can vary up to 30 years.

Bridging Finance:

Short term finance between 1 and 12 months available on shops, offices, hotels, industrial units, land and development finance etc. Loan to value 75%. Applicants with adverse credit considered. A minimum of information is required to complete these loans.

IVAs:

What is an IVA?

An IVA is a formal, legal agreement between you and the companies you owe unsecured monies to. Once in place, an IVA will help clear your debts at an affordable monthly payment over a fixed period, usually 60 months. Any interest that is owing is frozen. At the end of the fixed period all outstanding balances are permanently written off and you will be completely debt free. Due to its formal nature, an IVA can only be prepared and supervised by a licensed insolvency practitioner.

An IVA is for someone who is looking for an alternative to bankruptcy. An IVA is for someone who still has an income with which to pay off a reduced debt via a programme of affordable monthly payments. An IVA is for someone who wishes to avoid having the details of their situation published in the press and being subject to business and financial restrictions. An IVA is for someone who wants to find a solution to their debt problems while protecting their present and future assets.

IVA can be for home owners and tenants.

The basic IVA criteria:

- Must have at least £15,000 unsecured debt

- Must have at least £250 a month exposable income

- Must owe at least 3 creditors.

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. THE ACTUAL RATE AVAILABLE WILL DEPEND ON YOUR CIRCUMSTANCES. LOANS ARE SECURED ON YOUR HOME."

If you would like more information or a quote, click on the link below: