Mortgages

We have access to most lenders from across the market and so can offer you comprehensive range of mortgage products available to intermediaries.

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Bridge and Secured Loans

Our consultants can advice and arrange you on short term bridge and secured loans. We also use specialist lenders to arrange bridge loans, secured loans finance for any non-standard situations.

  • Bridge Loans
  • Secured Loans

Bridging loans are designed to help people complete the purchase of a property before selling their existing home by offering them short-term access to money at a high-rate of interest. As well as helping home-movers when there is a gap between the sale and completion dates in a chain, this type of loan can also help someone planning to sell-on quickly after renovating a home, or help someone buying at auction.

Bridging loans can be used for a variety of reasons, including property investment, buy-to-let and development. They are also aimed at landlords and amateur property developers, including those purchasing at auction where a mortgage is needed quickly.

A secured loan (also known as a homeowner loan) is a credit agreement that is backed using the equity in a property owned by the borrower. Borrower pledges some asset as collateral for the loan, when then becomes a secured debt owed to the creditor who gives the loan.

Loans of this kind are only available to people who own their own homes, and can be used to borrow anything from about £5,000 to £125,000. However, the amount you can borrow, the term and the interest rate you are offered will all depend on your personal circumstances and the amount of equity you have in your property.

This type of loan is most suitable for someone whose low credit score makes it hard for them to get a low-rate personal loan. There are risks involved in borrowing via secured loans, though. You could, for example, lose your home if you fall behind with the repayments, so it is vital to ensure that you do not overstretch yourself.

YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBTS SECURED ON IT.
FCA does not regulate commercial mortgages and some forms of buy to let.
FCA does not regulate some forms of bridge loans.
For commercial mortgages and secured loans we act as introducers.

We generally charge a fee of £500 for advising and arranging your mortgage. We also get paid a procuration fee from the lender. In exceptional circumstances, the initial fee payable may be more or less than the fees detailed above. If this happens, we will explain the actual amount payable and the reasons why the fee is different. Once agreed, and before providing any services to you, we will confirm the actual total fee payable in our separate 'Service and Payment Agreement'.

PP Finances is a trading style of PP Associates Limited . PP Associates Limited is an appointed representative of Sesame Ltd which is authorised and regulated by the Financial Conduct Authority.

At outset of our first meeting, we will provide your 'Information about our services' and explain you the cost and charges of our services. This will help you decide if our services are right for you and provide you details of our complaints process and regulatory information.

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Registered Office address : PP Finances, 41 Station Road, Basement Suite 3 and 4, Harrow HA1 2UA

Registration number: 07836928, Country: England and Wales, United Kingdom

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