Secured Loans HSBC – 3.21% Homeower Loan Options

Secured Loans HSBC UK

  • Secured Loans HSBC can be a low-cost way of borrowing money against your home
  • Loans typically above £10,000
  • 3.21% APRC rate
  • You don’t need to be an existing customer
  • You can keep your existing mortgage
  • Upto 90% LTV (loan to value)
  • Please enter a number from 3000 to 20000000.
  • Please enter a number from 30000 to 30000000.
  • Please enter a number from 1 to 30000000.

 

 

HSBC Secured Loans alternative lender illustration

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£12,696.20
Fees
£1,595
Overall cost for comparison
9.8% APRC
To pay off the balance over 60 months
£185.02 p/m

Together second mortgage – a higher rate than an HSBC Home Loan
Together: Together second mortgage
Total payable
£13,331.60
Fees
£1,550
Overall cost for comparison
12.0% APRC
To pay off balance over 60 months
£196.36 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£13,771.60
Fees
£1,375
Overall cost for comparison
13.4% APRC
To pay off balance over 60 months
£206.61 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards  – poor terms compared with a HSBC Bank Loan
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£13,905.20
Fees
£1,595
Overall cost for comparison
13.8% APRC
To pay off balance over 60 months
£205.17 p/m

Optimum Credit Ltd Second Charge – High fees compared with a HSBC Secured Term Loan of 10 years
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£14,121
Fees
£1,695
Overall cost for comparison
14.5% APRC higher than HSBC Secured Loan Rates
To pay off balance over 60 months
£207.10 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee – her than a Secured Loan HSBC

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Secured Loans HSBC comparison example

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£15,136.80
Fees
£1,815
The overall cost for comparison
9.5% APRC
To pay off balance over 60 months
£222.03 p/m

12 Month Loans No Broker
No Broker Loans For Bad Credit Instant Decision
Bad Credit Loans No Guarantor
Debt Consolidation Loans Bad Credit Direct Lender
Secured Loan Halifax
No Credit Check Loans No Guarantor
Homeowner Loan HSBC
Lloyds Bank Homeowner Loans
Secured Loans Natwest
Santander Homeowner Loan
TSB Secured Loan

Optimum Credit Ltd Second Charge  – HSBC Secured Loan can be much cheaper
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£16,826.20
Fees
£1,915
The overall cost for comparison
14.2% APRC
To pay off the balance over 60 months
£248.52 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£16,526.40
Fees
£1,650
Overall cost for comparison
13.4% APRC
To pay off balance over 60 months
£247.94 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£15,908.40
Fees
£1,770
Overall cost for comparison
11.7% APRC
To pay off balance over 60 months
£235.64 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£16,587
Fees
£1,815
Overall cost for comparison
13.6% APRC
To pay off balance over 60 months
£246.20 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative – HSBC Homeowner Loan Rate much lower

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Secured Personal Loans illustration for terms companison

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£17,576.80
Fees
£2,035
Overall cost for comparison
9.3% APRC
To pay off balance over 60 months
£259.03 p/m

Optimum Credit Ltd Second Chargeaa
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£19,531.40
Fees
£2,135
Overall cost for comparison
14.0% APRC
To pay off balance over 60 months
£289.94 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£19,280.60
Fees
£1,925
Overall cost for comparison
13.4% APRC
To pay off balance over 60 months
£289.26 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£18,484.60
Fees
£1,990
Overall cost for comparison
11.5% APRC
To pay off balance over 60 months
£274.91 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£19,268.80
Fees
£2,035
Overall cost for comparison
13.4% APRC
To pay off balance over 60 months
£287.23 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative – Homeowner Loan HSBC can be a much lower APRC rate

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530 – HSBC Homeowner Loan has no broker fee.

Lender fee

£495 – HSBC Homeowner Loan Rates lower and no lenders fee

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Homeowner Loans HSBC alternaive lender

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£20,532.60
Fees
£2,145
Overall cost for comparison
6.6% APRC
To pay off balance over 120 months
£153.23 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£24,949
Fees
£2,245
Overall cost for comparison
11.2% APRC
To pay off balance over 120 months
£189.20 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£22,456.80
Fees
£1,650
Overall cost for comparison
8.6% APRC
To pay off balance over 120 months
£173.39 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£24,669.30
Fees
£2,062.50
Overall cost for comparison
10.9% APRC
To pay off balance over 120 months
£188.39 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£22,676.40
Fees
£2,100
Overall cost for comparison
8.9% APRC
To pay off balance over 120 months
£171.47 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – HSBC Homeowner Loans could be a much lower overall cost with no brokers fee.
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£24,462.60
Fees
£2,145
Overall cost for comparison
10.7% APRC
To pay off balance over 120 months
£185.98 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Homeowner Loans lender alternative for bad credit homeowner

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£22,375.20
Fees
£2,145
Overall cost for comparison
5.7% APRC
To pay off balance over 180 months
£112.39 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£29,470
Fees
£2,245
Overall cost for comparison
10.3% APRC
To pay off balance over 180 months
£151.25 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£25,768.20
Fees
£1,650
Overall cost for comparison
8.0% APRC
To pay off balance over 180 months
£133.99 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£29,127.30
Fees
£2,062.50
Overall cost for comparison
10.1% APRC
To pay off balance over 180 months
£150.36 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£25,843.80
Fees
£2,100
Overall cost for comparison
8.0% APRC
To pay off balance over 180 months
£131.91 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards  – Homeowner Loans HSBC likely a better deal.
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£28,732.80
Fees
£2,145
Overall cost for comparison
9.8% APRC
To pay off balance over 180 months
£147.71 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Homeowner Loan failed credit score could consider alternaive lender below illustration

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£24,323.40
Fees
£2,145
Overall cost for comparison
5.3% APRC
To pay off balance over 240 months
£92.41 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£34,405
Fees
£2,245
Overall cost for comparison
9.9% APRC
To pay off balance over 240 months
£134 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£29,346
Fees
£1,650
Overall cost for comparison
7.7% APRC
To pay off balance over 240 months
£115.40 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£33,992.10
Fees
£2,062.50
Overall cost for comparison
9.7% APRC
To pay off balance over 240 months
£133.04 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£29,258.40
Fees
£2,100
Overall cost for comparison
7.6% APRC
To pay off balance over 240 months
£113.16 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – HSBC Secured Loans likely a better deal over this term
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£33,385.80
Fees
£2,145
Overall cost for comparison
9.4% APRC
To pay off balance over 240 months
£130.17 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Did you fail the Homeowner Loan HSBC credit score?  Alternaive lender example

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£26,373
Fees
£2,145
Overall cost for comparison
5.0% APRC
To pay off balance over 300 months
£80.76 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£39,700
Fees
£2,245
Overall cost for comparison
9.6% APRC
To pay off balance over 300 months
£124.85 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£33,168
Fees
£1,650
Overall cost for comparison
7.5% APRC
To pay off balance over 300 months
£105.06 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans – HSBC Secured Personal Loans could be a cheaper deal
Total payable
£39,211.50
Fees
£2,062.50
Overall cost for comparison
9.5% APRC
To pay off balance over 300 months
£123.83 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£32,907
Fees
£2,100
Overall cost for comparison
7.4% APRC
To pay off balance over 300 months
£102.69 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – Secured Loans HSBC likely a cheaper offering.
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£38,379
Fees
£2,145
Overall cost for comparison
9.2% APRC
To pay off balance over 300 months
£120.78 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Poor credit may make HSBC Homeowner Loan Rates unobtainable – alternative lender

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£28,522.20
Fees
£2,145
Overall cost for comparison
4.9% APRC
To pay off balance over 360 months
£73.27 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£37,214.40
Fees
£1,650
Overall cost for comparison
7.4% APRC
To pay off balance over 360 months
£98.79 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£36,764.40
Fees
£2,100
Overall cost for comparison
7.2% APRC
To pay off balance over 360 months
£96.29 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Failed HSBC Homeowner Loan Rate credit score – find an alternative illustration from another lender

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£24,898
Fees
£2,695
Overall cost for comparison
9.0% APRC
To pay off balance over 60 months
£370.05 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£27,647
Fees
£2,795
Overall cost for comparison
13.6% APRC
To pay off balance over 60 months
£414.20 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£27,543.80
Fees
£2,750
Overall cost for comparison
13.4% APRC
To pay off balance over 60 months
£413.23 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£26,361.80
Fees
£2,798
Overall cost for comparison
11.5% APRC
To pay off balance over 60 months
£392.73 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£27,314.80
Fees
£2,695
Overall cost for comparison
13.0% APRC
To pay off balance over 60 months
£410.33 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Secured Loan lender rejections could consider alternative lender

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£27,211
Fees
£2,695
Overall cost for comparison
6.5% APRC
To pay off balance over 120 months
£204.30 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£33,067.40
Fees
£2,795
Overall cost for comparison
11.0% APRC
To pay off balance over 120 months
£252.27 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£29,942.80
Fees
£2,200
Overall cost for comparison
8.6% APRC
To pay off balance over 120 months
£231.19 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£32,892.80
Fees
£2,750
Overall cost for comparison
10.9% APRC
To pay off balance over 120 months
£251.19 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£30,233.60
Fees
£2,798
Overall cost for comparison
8.9% APRC
To pay off balance over 120 months
£228.63 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£32,451.40
Fees
£2,695
Overall cost for comparison
10.5% APRC
To pay off balance over 120 months
£247.97 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

Secured Loan HSBC

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£29,668
Fees
£2,695
Overall cost for comparison
5.6% APRC
To pay off balance over 180 months
£149.85 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£39,095.60
Fees
£2,795
Overall cost for comparison
10.2% APRC
To pay off balance over 180 months
£201.67 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£34,357
Fees
£2,200
Overall cost for comparison
8.0% APRC
To pay off balance over 180 months
£178.65 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£38,836.40
Fees
£2,750
Overall cost for comparison
10.1% APRC
To pay off balance over 180 months
£200.48 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£34,454.60
Fees
£2,798
Overall cost for comparison
8.0% APRC
To pay off balance over 180 months
£175.87 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£38,146
Fees
£2,695
Overall cost for comparison
9.8% APRC
To pay off balance over 180 months
£196.95 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Secured Loan Rates

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£32,265.40
Fees
£2,695
Overall cost for comparison
5.2% APRC
To pay off balance over 240 months
£123.21 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£45,673.40
Fees
£2,795
Overall cost for comparison
9.8% APRC
To pay off the balance over 240 months
£178.66 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£39,126.40
Fees
£2,200
Overall cost for comparison
7.7% APRC
To pay off balance over 240 months
£153.86 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£45,321.20
Fees
£2,750
Overall cost for comparison
9.7% APRC
To pay off balance over 240 months
£177.38 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£39,011.60
Fees
£2,798
Overall cost for comparison
7.6% APRC
To pay off balance over 240 months
£150.89 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£44,349.40
Fees
£2,695
Overall cost for comparison
9.4% APRC
To pay off balance over 240 months
£173.56 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Secured Term Loan UK

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£34,999
Fees
£2,695
The overall cost for comparison
5.0% APRC
To pay off the balance over 300 months
£107.68 p/m

Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£52,736
Fees
£2,795
The overall cost for comparison
9.6% APRC
To pay off the balance over 300 months
£166.47 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees

Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£44,224
Fees
£2,200
The overall cost for comparison
7.5% APRC
To pay off the balance over 300 months
£140.08 p/m

Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans

Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£52,283
Fees
£2,750
Overall cost for comparison
9.5% APRC
To pay off balance over 300 months
£165.11 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£43,874
Fees
£2,798
Overall cost for comparison
7.4% APRC
To pay off balance over 300 months
£136.92 p/m

Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£51,010
Fees
£2,695
The overall cost for comparison
9.2% APRC
To pay off balance over 300 months
£161.05 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Bank Loan

Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£37,863.40
Fees
£2,695
The overall cost for comparison
4.8% APRC
To pay off the balance over 360 months
£97.69 p/m

Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£49,619.20
Fees
£2,200
The overall cost for comparison
7.4% APRC
To pay off balance over 360 months
£131.72 p/m

Together second mortgage
Together: Together second mortgage
Total payable
£49,018.40
Fees
£2,798
The overall cost for comparison
7.2% APRC
To pay off the balance over 360 months
£128.39 p/m

Overall representative example

Based on borrowing

£18,000 over 120 months

The overall cost of comparison

9.1% APRC representative

Borrowing rate

6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71

Broker fee

£1,530

Lender fee

£495

Total amount payable

£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40

HSBC Home Loan

Some people looking for smaller loans may be better off with a no credit check loan deal

This webpage is not owned or operated to HSBC Bank.

https://www.hsbc.co.uk/

HSBC UK Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 765112).

HSBC UK Bank plc is a company incorporated under the laws of England and Wales with company registration number 9928412 and its registered office at 1 Centenary Square, Birmingham, B1 1HQ.

The Standards of Lending Practice which is monitored and enforced by The Lending Standards Board.

Further details can be found at www.lendingstandardsboard.org.uk

Short Term Loan Lenders Not Brokers