What Are Third Charge Loans?

Third charge loans are loans that are secured on your home when you already have a mortgage and a second charge loan (also referred to as a second charge mortgage). If you already have existing secured loans including a mortgage and require further finance, then a third charge loan might be a suitable loan solution for you. For more information simply complete our online application here at Loanexplorer where a specific lender will be available to answer any queries you may have. (more…)

Looking for money to fund a personal venture? Need to finance home improvements, clear debts or make a large purchase for a car or a holiday? A 20 year loan may be the most suitable loan for you.

Loans for 20 years are a sensible option for large loan amounts. A number of lenders have 20 year loan plans available to homeowners who wish to secure a loan of £10,000 or more. (more…)

Payment break loans, sometimes known as payment holiday loans, are usually only offered when you first secure a loan and simply means that you have a period, typically 3-5 months, until your first payment will be requested. For example if you took out a loan on 1st January you would not have to make your initial payment until 1st May on a 3 month payment break loan.  A payment break is available on selected loans, mainly large loans and subject to availability. (more…)

Carrying out work on your home can prove to be a costly exercise and finding home improvement finance can be difficult. Home improvements, if finished to a high standard can add value to your home, therefore more and more people are choosing to do this as opposed to buying a larger property. There are a number of solutions that would enable you to secure finance for home improvements but it is important to access your personal financial situation prior to seeking financial assistance. (more…)

If you are looking to acquire additional finance, you may decide to secure a long term loan. Usually loans over 10 years come under the category of a long term loan and are often a good option when you require a large amount of finance quickly. Here at Loanexplorer we have 10 year loans available to homeowners. We search the financial market to find you a loan plan that reflects your individual circumstances. (more…)

At Loanexplorer we specialise in finding loans that are tailored to your individual requirements, whether you want £5000 loans or large loans such as a £25000 loans, £50000 loans or £100000 loans, we will search from hundreds of loan plans to secure a competitive loan. Choosing the right loan can be a difficult and daunting task, especially when you have a bad credit history from defaults, mortgage arrears or CCJ’s. Even if you are self employed securing a large loan can be a struggle, particularly when you cannot provide any proof of earnings and your income is not regular each month. This is where we can really help. (more…)

What Are Second Charge Loans?

Second charge loans, also known as second charge mortgages and second lien loans, are loans that are charged (guaranteed) against your home, with your mortgage being the first charge on your property. A second charge loan is independent from your mortgage. The amount you borrow is secured against your home, just like your mortgage, with many lenders allowing you to borrow up to 100% of the equity you have in your home. The ‘secured’ part simply means that if you can’t pay the loan back, then the lender can repossess your home to recoup their debts. Many people take out 2nd charge loans to release equity within their home to consolidate existing (more expensive) debts or to carry out home improvements. (more…)

Are you looking for a loan and feel that long term loans would be a great option for you? Here at Loanexplorer we have a range of long term loan plans that we can tailor to your individual needs. If you have a bad credit history or have arrears, you may be considering consolidating all of your household debts into one simple monthly repayment. Loanexplorer can also offer you the option of long term unsecured loans, which can offer a 15 year payback period compared to 25 for long term secured loans. (more…)

Flexible payment loans are designed to ensure that your monthly repayments are manageable and do not cause you more financial pressure. Whether you are employed or freelance you will have good and bad months of income. With a flexible loan you can choose to pay less some months, or more in others, and even pay it all off in one go if you like. The perfect solution.

At Loanexplorer we specialise in finding you a flexible loan, whatever your circumstances, credit history or employment status. An unexpected bill or an unplanned holiday can cause stress with your financial status, therefore our flexible loans are an ideal solution for your financial needs. When your income is looking healthy you may wish to pay a larger monthly amount from your loan, but for instance if your work is seasonal some months may be difficult, therefore you could pay smaller amounts from your loan without any questions from your loan lender. (more…)

Are you finding it hard to secure a loan due to your income? Or struggling to find a loan plan that is manageable on your monthly income? Then Loanexplorer can ease the stress and complete an extensive search for low income loans that suit your requirements on terms that are right for you. If you require a low income unsecured loan to pay off existing debts, make home improvements or whether you have a poor credit history then Loanexplorer will carry out a comprehensive search of over 125 loan plans at no extra cost to you, to ensure that you secure loans for low income at competitive rates, no matter what your circumstances are. (more…)