London, United Kingdom (PressExposure) July 31, 2009 -- UK Financial come up with new term of secure loan for the borrowers who looking for loan between Â£1000 to Â£15000.. Secured loan Products are available at a margin of between 2.5% and 5% over libber depending upon the LTV and borrower status.
UK Financials LTD in London are one of the UK's largest finance brokers having highly fund available compare to past few years, as per director's decision as on July,31 2009 UK Financials LTD is offer some new schemes and facilities to this year. Borrowers WHO borrow loan i.e. Â£1000 to Â£15000.UK Financials LTD provide them 6 to 10 year's terms and some attractive benefits.
The time period for repaying the amount of the secure home improvement loans is ranging from three to thirty years. The amount which can be attained through the loan differs from five thousand pounds to at least seventy five thousand pounds. At the same time, if the annual income of the respective borrower is more and has a decent credit history, the value of the amount for the secured home loan can also increase.
Fixed interest rates option has the interest payment to be made each month as a fixed amount for principle and interest. In the variable interest rate option one can have the interest on the principle varying according to the market conditions. This is a better option in the times of recession because the banks have been made to cut down their interest rates considerably, by the central banks of each country. The UK central bank has also official announced that the interest rates should be lowered to facilitate business.
A borrower can raise an amount of Â£1000 to Â£15000 by such loans and meet any of his personal expenses in an amiable manner. He can pay off his expenses like telephone bills, electricity bills, tuition fees of his children, hotel bills, etc. out of the loan amount. The repayment term can range between 6 months to 10 years or even more in few cases.