To ensure the best experience for our customers we have enabled website cookies. Please click continue if you wish to accept our cookies.
To find out how we use cookies to improve your experience please Click Here

Long Term Loans

When taking out a long term loan, you have to remember that this is a serious financial commitment that could run for a long period of time and in some cases, up to 25 years. So when choosing your loan over a longer time, you need to be sure that it is the most suitable and affordable one for you. most suitable and affordable one for you.

A long term loan is a great way to space out the monthly repayments, giving you more time and that extra flexibility to repay the loan. We consider long term loans to be those that run from 5 years onwards. When taking out a loan below a repayment period of 5 years, the interest rates can be considerably higher. So a loan over a longer term is a good way of keeping interest rates as low as possible. You have to remember that any rates offered will be dependent upon your own individual circumstances; this includes your income etc. If you are worried that you wont be able to obtain a long term loan due to your credit history, we can help find you a loan over a long term even if you do have bad credit. We have helped hundreds of clients find the right long term loan for them, regardless of their credit profile.

There are many reasons as to why you may be thinking of taking out a loan term loan, such as:

  • Home Improvements. (Kitchen, Bathroom, Conservatory, Extension, Loft Conversion etc)
  • New motor vehicle or motor vehicle repairs.
  • Consolidation of debts. (Paying off any/all of your outstanding debts)
  • Dream family holiday.
  • Business Loan. (Start of a new company or perhaps to expand your current business)

Frequently Asked Questions

I want a loan for 25,000 for home improvements over 22 years, can you help?
Yes we can help with this; however the quotation that we will provide will be based upon your individual circumstances.

How long will it take for me to receive the funds for my long term loan over 20 years?
Here at The Money Hub we process applications from start to finish on average within 2-3 weeks.

What sort of rates do your long term loans start from?
We work alongside a huge panel of lenders that can offer rates starting from as low as 2.11% dependent upon your circumstances.

Do any of your lenders lend past the age of retirement?
Yes, we work with many lenders that will lend past retirement age.

Free Long Term Loan Quotes

A Happy Couple
Tick
Unsecured Loans - £1,000 to £25,000
Tick
Secured Loans - £5,000 to £1 Million
Tick
CCJ's, Defaults and Mortgage Arrears
Tick
Simple and Secure
Reviews.co.uk Trusted Site

Get A Quote Now - It's FREE!

100% Secure

About the Loan

About You

About Your Residence

Please tick the box confirming that you want to be contacted by The Money Hub and agree with our Initial Disclosure Document, Data Protection Policy and Privacy Policy.

How we work

Tick
Homeowners to start with you can give us a call or complete the above online application.
Tick
Tenants please complete our online form, this will direct you to one of our selected lenders.
Tick
One of our consultants will be in touch with you to discuss your application.
Tick
We will talk you through the quotations we find and confirm these in an email also.
Tick
If you wish to proceed we will be happy to post you your application pack.
Tick
100% Secure, Confidential and hassle free.

Just some of the UK Lenders we compare

1st Stop Loans Shawbrook Together Loans Evolution Money Fin-Sec Masthaven Paragon Finance RateSetter Spring Finance TFS Loans Zopa Loans Optimum Credit
SOME OF THE LENDERS LOGOS WHO WE WORK WITH (ARE NOT SPECIFIC TO YOUR PERSONAL CIRCUMSTANCES)

UNSECURED LOAN REPRESENTATIVE EXAMPLE - 49.9% APRC (variable) Secured loans from 3.83% APRC.

SECURED LOAN REPRESENTATIVE EXAMPLE - Assumed borrowing of £30,000 over 240 months, with a 36 month fixed rate followed by a variable rate plus a brokers fee of £1,495 and a lender fee of £495 would result in a monthly repayment of £256.04, the APRC 8.2% for 36 months then a monthly repayment of £247.45 on variable rate, the total amount payable would be £59,817.24. The actual rate available will depend on your circumstances, please ask for a personalised illustration.

By taking out a secured loan you are borrowing money that is secured against your home. If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay. Rates as of 16/01/2017.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

WARNING: LATE REPAYMENT CAN CAUSE YOU SERIOUS MONEY PROBLEMS. FOR HELP, GO TO MONEYADVICESERVICE.CO.UK.

PLEASE WAIT

Loading

We are currently processing your details and trying to select a suitable lender.
You will shortly be re-directed to a lenders page to complete your application. We will let you know if a lender will be contacting you directly.

Thank you for your patience