Personal & Car Loans

Planning to buy a home within a few years? Every loan you take on now affects how much you can borrow later. We arrange personal and car finance with that in mind.

What we can help with

• Car loans – new or used, from dealers or private sellers.
• Personal loans – for things like renovations, travel or one-off costs.
• Debt consolidation – combining several debts into one repayment.

Secured or unsecured?

• Secured loans use an asset, like the car you’re buying, as security. They usually have lower rates.
• Unsecured loans aren’t tied to an asset. They usually have higher rates but more flexibility in how you use the money.

How these loans affect a future home loan

• Lenders count your repayments on car and personal loans when working out how much you can borrow.
• Credit card limits count too, even if you don’t use them. Lowering unused limits can help.
• Applying for several loans in a short time can show up on your credit report.

If you’re planning to buy a home, talk to us before you take on new debt. We’ll show you how it could change your borrowing power.

Need finance for a car or a one-off cost?

Book a free chat or call us now!

This information is general only and doesn’t take your personal circumstances into account. Eligibility criteria, fees and charges apply.