Mortgages

Secured & Unsecured Mortgages

The type of mortgage you choose depends on your personal circumstances and financial situation.

A secured mortgage is the most common and this type of loan gives the lender an interest in the property. The mortgage is secured to the property you buy and it allows you to borrow over a longer period of time and at a more affordable rate than a typical unsecured loan.

It is important to note that your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.

An unsecured mortgage does not use the property as collateral for the loan. Because of this you may not be able to borrow as much as you could with a secured mortgage. Proof of income is required with this type of mortgage.

Your home may be repossessed if you do not keep up repayments on your mortgage.

Call us now on 0207 580 7770 for advice or a quote or simply complete our online enquiry form – we aim to get back to you on the same working day.

Main Office: 84-86 Great Portland Street, London, W1W 7NR

The information on this website is for the use of residents of the United Kingdom only. No representations are made as to whether the information is applicable or available to any other country which may have access to it.

There may be a fee for mortgage advice, the exact amount will depend on your circumstances but we estimate that it will be £300.
The Financial Services Authority does not regulate unsecured lending
First Action Finance Limited is authorized and regulated by the Financial Services Authority registered in England and Wales No:432958