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Cheshire Building Society Homeowner Loan Review


Cheshire Building Society Homeowner Loan


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Cheshire Building Society Secured Loans

Exclusive to Cheshire Building Society borrowers the Cash For Homebuyers Loan scheme means you can get a secured loan at their standard variable mortgage rate.

Cash For Homebuyers:
This scheme enables you to get a personal loan at their standard variable mortgage rate to spend on whatever you need. As you are an existing borrower, applying for a Cash For Homebuyers loan is quick and easy.

Minimum loan £2,000, the maximum is whatever you can sensibly afford, providing your outstanding mortgage together with the extra you wish to borrow does not exceed 90% of your property’s value.

Cheshire Building Society Repayment periods are from 5 to 25 years.

A fee of £50 is payable on application to Cheshire Building Society. This fee, which is non refundable, covers the administrative and processing costs of arranging your loan. A fee of £40 is also payable on loans under £25,001 in respect of Land Registry charges.

Cheshire Building Society secured loans offer lower interest rates than unsecured loans because there is less risk to a finance company. Most people choose a secured loan from Cheshire Building Society because the savings in interest over the term of the loan can be quite considerable.

Cheshire Building Society would like to remind you that:

YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR OTHER LOAN SECURED ON IT.

 

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