£60,000 - £100,000 Loan FAQs
Please click below for the answers to our most commonly asked questions. If you can't find the information you need, call us free on 0800 694 5566 and one of our advisers will be happy to help.
Can I borrow £100,000 with bad credit?
Yes, it’s possible to apply for a loan of £100,000 if you have bad credit. We’ll find a repayment package that works perfectly for both you and the lender based on your personal circumstances.
Are bridging loans a good idea?
A loan of between £60,000-£100,000 could be used to ensure property repayments are covered if you’ve bought a new home but haven’t yet managed to sell your old one. This type of bridging loan is quite common – it involves borrowing a large amount of money in a short timeframe. Visit our bridging loans page for more information.
How much can I borrow?
This page focuses on loans of £60,000 to £100,000. However, you can borrow between £3,000 and £500,000 with Norton Finance’s services.
How long are the repayment terms?
The total repayments for loans we arrange can last anywhere from one to 30 years, offering you more flexibility and a repayment timeline that suits you.
What are the interest rates?
Our homeowner rates start as low as 2.9%. We take your financial history and present circumstances into account too, so interest rates can vary.
How long will it take?
You may receive a decision in principle based on your application immediately. However, please allow a total of one to two weeks for your application to be finalised and your money to be deposited.
Are there any loan fees?
As a broker and not a bank, we receive a commission from the lender upon completion of a loan. You can expect to be charged a broker fee of up to 12.5% of the loan amount borrowed but this is capped at £3,995. We do not charge broker fees for unsecured loans.
Can I pay off a loan early?
You can repay a loan early, but you may be charged a fee for Early Repayment. This fee is calculated on how much interest won’t be paid through your early repayment of the £60,000 - £100,000 loan.
What happens if I miss a payment?
If you miss a loan repayment, we urge you to get in touch with your lender to let them know as soon as possible. They can help you with questions you might have about extending the payment deadline, or restructuring repayments.