Homeowner loan typical APR reduced to 12.5 per cent

• Amanda Gillam
  

  Speedy Solutions
  Article Content
• 5th February, 2015
• Secured Loans

Increasing competition in the market means that our trusted homeowner loan broking service has been able to reduce its Typical APR from 13.5% to 12.5%. The arrival of new secured loan products now means that at least two out of three people taking a homeowner loan get a rate of 12.5% or better.

What does this reduction mean to you? On a typical loan of £28,000 over 10 years you will now save around £500 of interest. If you own your home and are interested in a homeowner loan then make an enquiry now.

By the way, you may be interested to know that we’ve launched a new video and guide that explain homeowner loans in more detail. Take a look now!