The Britannia Building Society loan range offers personal loans and homeowner loans . With the Britannia Building Society homeowner loan, you can borrow up to 95% of the value of your home minus any mortgage and secured debts at a range of fixed and variable interest rates.
If you prefer to borrow with out the risk of losing your home, the personal Britannia Building Society loan option allows you to borrow between £500 and £25,000 from a fixed typical APR of 7.40%. This allows your repayments to remain the same for the life of the loan even if interest rates rise elsewhere. The personal Britannia Building Society loan is also offered free of any set up and administration fees, and you may be eligible for a three month payment holiday at the start of your loan.
However, if you are looking for a more flexible repayment option, the Britannia Building Society loan may not be your best choice, as there is an early repayment charge equal to two months interest. Also, if you are looking to borrow a relitively small amount you may find more competitive rates available elsewhere in the market, especially if your credit score is less than perfect. To compare the Britannia Building Society loan against other UK lenders, complete the form on this page and Totally Money can find you the cheapest loan option available for your personal circumstances.