With a surety loan, we take a gurantee or pledge from a third party to ensure that the loan will be repaid. For example, we will provide loans where agreement has been reached in relation to a legal claim - or an amount is due from probate, where a solicitor’s letter is provided to substantiate this.
Set out below are some of the types of surety that we will consider:
- Amount due on completion on the sale of a property where you have exchanged contracts.
- Amount due under a will
- Amounts due in settlement of a personal injury or other claim
Click here to enquire about surety loans.