Surprisingly Flexible Lending Criteria Still Available...

Amid all the doom and gloom in the UK mortgage & loan market, you'd be forgiven for thinking that there is very little facility to borrow unless your credit file is squeaky clean or you have stacks of equity in your home, or even both. But in recent months more and more lenders have been 'coming back' to the non-conforming market wanting to lend and offering increasingly flexible criteria opening up some of the space that has been closed since the credit crunch began. For many borrowers or would be borrowers, this news will come as a great relief finally opening the door to borrowing solutions that have been wanted or needed but unavailable for some time.

Some examples of the kind of loan deals that are 'back on the menu' are:

Self-Cert
- up to 65% LTV on a pure self certification basis
- up to 75% LTV with accountant's referance and bank statements

Adverse Credit
- up to 65% LTV available even with unlimited adverse
- up to 80% LTV available for 'medium' adverse

Prime
- up to £100,000 secured (max 80% LTV) or £15,000 unsecured loans available
- rates from just 10.4% APR

In addition to these examples, many other scenarios exist in individual circumstances and many lenders are more flexible than has been the case in recent months so solutions can often be found where they previously could not.

To find out more, visit www.theloanhelper.co.uk or call 0845 003 0065.

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