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FINANCE BLOG

First Property Finance Homeowner Loan

Read First Property Finance Company Review...click here

First Property Finance Secured Loans

First Property Finance - Acceptable Security
Freehold Residential Property
Leasehold Residential Property (Min 65 yrs unexpired)
* Semi Commercial Property (bricks and mortar Valuation)
* Commercial Property (bricks and mortar Valuation)

Maximum LTV
First charge: 70% of OMV or Purchase Price, whichever is lower
Second charge: 60% of OMV or Purchase Price, whichever is lower
* Each application assessed on it’s own merit when lending on semi commercial property and commercial property

Minimum Loan
£30,000

Maximum Loan
£500,000 (loans above £350,000 will be individually assessed)

Minimum Property Value
£50,000

Minimum/Maximum Term
3 months/6 months (Longer loans will be individually assessed)

First Property Finance secured loans offer lower interest rates than unsecured loans because there is less risk to a finance company. Choose a secured loan from First Property Finance because the savings in interest over the term of the loan can be quite considerable.

First Property Finance 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.