Questions & Answers

Our Mortgage frequently asked questions

1. How can a re-mortgage help me?

People re-mortgage for different reasons from raising additional funds that can be used for clearing existing debts to completing those essential home improvements or quite simply for a holiday. Other people swap lenders to take advantage of new products and services

2. How long does everything take?

Depending on whether you are taking a mortgage, a re-mortgage or a secured loan will reflect the length of time it takes to complete. Typically a mortgage will take six to eight weeks, re-mortgage four to six weeks and a secured loan two to three weeks. We will endeavour to have a decision in principle in two hours

3. How will I receive the money?

If you have looked to raise additional funds this will normally be three days after completion and can be in the form of a cheque or telegraphic transfer.

4. If I have a problem will I have someone I can talk to?

Your personal advisor will be a dedicated point of contact right throughout your application – always there if you need further assistance or advice.

5. Why should I use Oak Loans and Mortgages?

Although highly professional, we take the personal approach with every customer to ensure you receive the attention and service you deserve.

 

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Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.

Oak Loans And Mortgages Limited is authorised and regulated by the Financial Services Authority.

The Financial Services Authority does not regulate the sale of Loans, Buy-To-Let or Commercial mortgages

Registered in England And Wales 4363635.

Registered Office: Oak Loans & Mortgages Ltd, Thornley House, Carrington Business Park, Carrington, Manchester. M31 4DD.