Topic: FAQs: General
Am I eligible if I rent my home?
Unfortunately, we are only able to offer finance plans to homeowners who have equity in their property….
Will an enquiry affect my credit score?
Your credit score will not be affected by an initial enquiry or by requesting an indicative quote….
What happens if I can’t afford my repayments?
We cannot accept payment holidays or payment plans and you must contact your lender directly. Your loan is secured against your property…
Which is better, a Secta Flexiplan or a Secta Advance Plan?
It’s a matter of personal choice – and individual circumstances. The simplest way to assess this is to go to Step 1…
Would it be better to remortgage my property?
For some people, a remortgage can offer a sensible solution, but for many it can be expensive. Our finance plans can sit…
What is a “secured loan”?
A secured loan is a type of loan in which the borrower pledges an asset (often their home) as security for the…
What is meant by “the equity” in my home?
The equity in your home is the amount of your home that you actually own. For most people, it is the value…
What information will you require?
We will need: Some personal details Your UK bank account details Your home addresses for the last three years The estimated value…
What is the APR?
The APR – or Annual Percentage Rate is a figure which helps you understand the cost of borrowing. The APR you’re quoted…
Am I eligible if I live in rented accommodation but own property elsewhere?
Yes, providing you have equity in a property you own, we can provide you with a product….