Homeowner Loans Are on the Rise, Despite Credit Crunch

Despite the recent credit crunch in the USA and the UK, the folks behind Phillips Financial Services (http://www.phillipsfinancialservices.co.uk) say secured loans and homeowner loans are on the rise.

Essex, UK (PRWEB) March 13, 2008 -- While a credit crunch in the USA and the UK has lead to increased speculation of a recession, a UK company specializing in secured loans and homeowner loans says both types are on the rise.

The company is Phillips Financial Services (http://www.phillipsfinancialservices.co.uk) and their message is clear; secured loan lending in the UK is increasing and is set to continue rising for the foreseeable future.

"We are one of the leading independent finance brokers in the UK, providing a very wide range of loan and mortgage solutions to consumers nationwide," said spokesman Kieron Phillips. "We offer finance solutions to people with a good and bad credit history and we have definitely seen an increase in the amount of homeowner loans and secured loans being issued."

While homeowner loans do require borrowers to put up their houses to secure the loan, it's obvious that many homeowners are willing to take the chance, thanks in part to the added benefits of the homeowner loan. Such as:

Loans from £10,000 to £500,000

Repayment terms from 2 years up to 30 years

Up to 125% LTV (loan to value)

Loans against difficult or unusual property

Loans available on buy to let or rented houses

"As long as the title deeds belong to you we can arrange you a low rate homeowner loan," said Phillips. "It doesn't matter if you have good credit or bad credit, as long as you have something to borrow against, a homeowner loan or secured loan is one of the easiest loans to get."

For more information on Phillips Financial Services, please visit: http://www.phillipsfinancialservices.co.uk

About Phillips Financial Services:

Phillips Financial Services is one of the leading independent finance brokers in the UK, providing a very wide range of loan and mortgage solutions to consumers nationwide. They offer finance solutions to people with a good and bad credit history, they can help most people, even those with an adverse credit history.

Contact Information:

Kieron Phillips

+44 0208 1237274

http://www.phillipsfinancialservices.co.uk

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