With access to the UK’s leading lenders, we compare 1,154 homeowner loans to help you find the right deal.
Equifinance is a specialist second charge mortgage lender. They work closely with their UK wide distribution partners to develop and deliver lending products that suit the needs of a wide spectrum of customer circumstances.
They do not use automated credit scoring. Instead, they prefer to look at an applicant’s circumstances as a whole and this enables them to take a flexible approach when making a decision to lend.
Our hand picked panel of lenders includes some of the UK's most respected finance houses. We work with numerous lenders in order to be able to provide our customers with a range of options depending on their credit profile and personal circumstances.
Representative Mortgage Example: A capital repayment mortgage of £50,000 over 20 years (240 months), initially on a fixed interest rate of 6.60% for 2 years, followed by a variable interest rate of approximately 12.325% for the remaining mortgage term. This would require 24 monthly repayments of £413.27, followed by 216 monthly repayments of approximately £601.94. The total amount repayable would be approximately £139,936.95. The overall cost for comparison is 12.9% APRC representative. This example includes a £995 lender product fee and a £4,000 broker fee, both added to the mortgage, bringing the total amount borrowed to £54,995. The total amount payable is illustrative and may vary if interest rates change. Early repayment charges may apply during the initial fixed-rate period.
