Saving a deposit is one of the biggest hurdles of getting on the property ladder. See if Plane Saver can help speed things up with a loan to top up your deposit.
We know that saving for a deposit can be tough. With this in mind Plane Saver have developed a product to help our members get on the property ladder. Plane Saver can provide a loan of up to £25,000 from as little as 4.5% APR to help top up your mortgage deposit.
As an example this means that should you borrow £15,000, repaid over 10 years your total monthly repayment will be 154.74p. This means a total repayment of £18,568.13.
Plane Saver loans also have the added benefit of;
- No early repayment penalties
- No hidden fees or charges
- Free life cover
- Free accident and sickness cover
- Interest calculated on the reducing balance
- Repayable over a maximum of 10 years
Plane Saver will do their utmost to help where we can, but we do have to ensure we lend our members money responsibly meaning there may be occasions we are unable to lend.
To apply for a Plane Saver loan please call our team on 0208 607 5020.
*Terms and Conditions apply. Available via payroll deduction only.
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Please be aware that this is not a loan offer and the figures quoted in this document are based on the Representative APR which may differ from the actual APR you qualify for after we have conducted a credit search. As a result, this should only be used as an indicative illustration.
The calculator is for illustration purposes only. Rates may be withdrawn at any time. We reserve the right to refuse any application.
At the Credit Union members' savings are pooled to provide the funds to pay out loans. In order to ensure that there is always enough funds members are asked to continue saving a minimum of £10 per month whilst repaying a loan.
* Loans are allocated at the discretion of the loans officers and are subject to terms and conditions set out in our loans policy.