Link Loans, secured loan lenders, have launched a new secured loan product with a fixed rate for 3 years, This new loan is available to both employed and self-employed borrowers, with a maximum LTV(Loan To Value) of 75%.Fixed rate lending is a feature of other finance products but is rarely available in the secured loan market. The finance industry has seen a rise in the popularity of fixed rates for mortgages as consumers have become more concerned about possible increases in the base rate.

As first charge lending criteria remains strict, secured loans have an increasingly important role to play as an alternative to a remortgage.

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Tags: Fixed Rate Secured Loan, Home Loan, Secured Loan

This entry was posted on Thursday, October 14th, 2010 at 6:48 pm and is filed under Finance, Financial News, Home Loans, Homeowner, Remortgage, Secured Home Loans. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.