| Lender name :: Ocean Finance |
| Loan Type: |
Secured Loan |
| Typical APR: |
For an amount of
: £15,000 The fixed typical APR charged is
12.74% APR |
| Interest rate notes: |
Available via intermediaries only. Rates dependent on credit rating and LTV. Min Loan is £5,000, Max up to £100,000, Max LTV:80% to 100%. The minimum term is 5 years and Maximum 25 yrs. Properties not accepted: Freehold flats (acceptable in Scotland only), agricultural restrictions, more than 10 acres of land, with Right to buy tenanted properties, Commercial use, Leasehold where the term of the lease is less than the term, Pre-emption discount is acceptable only when the claw back percentage is added to the mortgage balance / LTV. |
| Is it Secured on Property: |
YES |
| Early repayment penalties: |
YES (1) |
| Flexible repayment options: |
NO |
Repayment
Period. |
[5 Years -to- 25 Years] |
| Loan set up fees charged: |
YES |
| P.S. : Loans will be secured against your home by means of a mortgage or other legal charge. 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. |
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