Home Loan Lenders

British Bankers` Association (BBA) figures show that almost £8 billion was provided by home loan lenders in February 2013, but when you`re applying for a mortgage or remortgage, how do you know which is best for you?

Heading directly to a lender is one option that many people go for, but they can only offer a narrow range of deals, which may limit your choices. Comparison sites may offer more, but you`re left to decide which one to take and are not usually offered advice. There may not even be someone to talk to about your specific case.

However, with a mortgage broker like First Choice Finance, we`re able to look at the deals representative of the whole home loan lender market and provide the most suitable one for you from our panel. It`s offered on a no-obligation basis, so you can turn it down if you see fit, but if you`re happy with the terms, we will process the request as rapidly as possible.

This home loan can be used by people looking to buy a property or existing homeowners will be able to use it to switch mortgage providers or utilise a homeowner secured loan to make purchases that they may otherwise not be able to afford.

These could range from paying for that overdue conservatory or orangery, to replacing the old family run around with a modern vehicle. Alternatively, the money could be used for debt consolidation, which will reduce your monthly repayments and thus ease your cash flow worries but may add to the total amount of interest you pay.

As an alternative to visiting individual home loan lenders to secure a mortgage, contact First Choice Finance on a landline on 0800 298 3000, from a mobile on 0333 003 1505 or through firstchoicefinance.co.uk

Homeowner Secured Loans 9.8% APRC. Representative example: Borrow £50,000 over 180 months. 60 months at 8.1%, £497.83 pcm fixed at 60% LTV. Then 120 months at 10.1%, £539.89 pcm variable. Total payable £94,656.60. Total cost of credit £44,656.60 (including: £795 lender fee, £985 broker fee & £42,876.60 interest). First Choice are tied to certain loan providers.

Mortgages & Remortgages 8.4% APRC. Representative Example: Borrow £120,000 over 25 years at 5.99%, £778.86 pcm fixed for 3 years at 60% LTV. Then at 8.75%, £974.86 pcm, variable for 22 years. Total payable £286,416. Total cost of credit £166,416 (including: £985 broker fee, £999 lender fee & £164,432 interest)

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.

Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk

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. We Advice Upon & Arrange Mortgages & Loans. We Are Not A Lender.

First Choice Finance is a trading style of First Choice Funding Limited of 54, Wybersley Road, High Lane, Stockport, SK6 8HB. Copyright protected.