Health Service Financial Support

We have partnered up with Freedom Finance, one of the UK’s leading credit brokers. Working together, we have selected a number of trusted lenders to make it easy to compare the right finance options for you, in one simple and quick application.

Unsure what finance option is right for you? Freedom Finance has expert advice to support you with any questions you have.

Plus you can check your eligibility safely and without harming your credit score, in under two minutes.

Select an option below to learn more:

Personal Loans IconCredit Cards IconMortgages IconCar Finance IconSecured Loans Icon

 

 

 Personal Loans for NHS Staff

An exceptional lending service for those who really deserve it. We’ve chosen a partner that can show you your loan options online in just a matter of minutes.

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    Borrow from £1,000 - £25,000

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    Checking eligibility won't harm your credit score

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    See your chance of acceptance after just one search

Get instant access to over 40 UK lenders

Freedom Finance is a credit broker that can quickly check your eligibility against their wide panel of lenders to help you find a personal loan that’s right for you. Not only do they show you real rates from a soft search, you’ll also know how likely you are to be accepted before applying.

Below are some of the lenders from their panel:

 

  

 

Lenders accessible on this site offer unsecured loans from £500 to £25,000 over terms between 1 and 7 years with APRs from 2.9% to 249.5%. Lenders accessible on this site offer secured loans from £5,000 to £2,000,000 over terms from 1 to 30 years with APRs from 3.7% to 99.9%.

Representative example: If you borrow £7,500 over 5 years at a representative APR of 28.4% and an annual rate of 28.4% (fixed) you would pay £221.28 per month. Total charge for credit will be £5,776.80. Total amount repayable is £13,276.80. Minimum repayment period is 12 month. The % APR rate you will be offered is dependent on your personal circumstances. Freedom Finance is a leading credit broker not a lender.

Credit Cards for Healthcare Staff

Whether you need to spread the cost of a big purchase or transfer a balance, Freedom Finance can help you quickly check what credit cards are available to you without harming your credit score.

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    Spread the Cost

Planning a big purchase? With a 0% purchase card you can spread the cost over the card’s 0% period without paying interest. When the 0% period ends, the card’s usual interest rate will apply.

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    Transfer a Balance

Currently paying interest on a credit card? Transfer your balance onto a balance transfer card and avoid paying interest for the card’s 0% period. When the 0% period ends, the card’s usual interest rate will apply.

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    Build your Credit Score

A credit builder card used little and often and repaid in full each month could boost your credit score and improve your eligibility for loans, credit cards and mortgages in the future.

Mortgage Advice for Healthcare Staff

Searching for the right mortgage can be hard work, but we’re here to make it easier for you. If it’s time for you to buy your first house, remortgage, move or invest, you can get help finding the right mortgage for your circumstances without the hassle.

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    First-Time Buyers

Finding the time to buy your first home can be confusing and time-consuming. We’ve got expert advice available for first-time buyers, to help you take the next step with confidence.

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    Remortgaging

Perhaps you want to borrow more money, or maybe you’ve seen a better rate that you’d like to switch, we’re here to help you switch.

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    Buy-to-Let

Whether you’re joining the buy-to-let market or you’re a landlord looking to expand your portfolio, you want to know you're making the right mortgage decisions.

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    Moving Home

Looking for that next step? We’re here to make sure your home move is exciting for all the right reasons. Moving to school catchment areas, to choosing the right place to relocate to and how to add value to your house.

Helping you make all the right moves. That’s what we’re here for.

Your home may be repossessed if you do not keep up repayments on your mortgage. You may have to pay an early repayment charge to your existing lender if you remortgage.

There is no guarantee that it will be possible to arrange continuous letting of the property, nor that rental income will be sufficient to meet the cost of the mortgage. Your home may be repossessed if you do not keep up repayments on your mortgage.

Fee free advice is available through Freedom 365 Mortgage Solutions Ltd. Other Appointed Representatives may charge a fee for mortgage advice. The actual amount you pay will depend upon your circumstances. The fee is up to 1% but a typical fee is 0.3% of the amount borrowed.

Car Finance for Healthcare Staff

We can help you spread the cost. Through Health Service Borrowing you can quickly check your eligibility for car loans and hire purchase agreements without harming your credit score

 

Personal Car Loans

- Borrow up to £25,000 for new & used cars

- No mileage or alteration restrictions

- Own the car from point of purchase

 

Hire Purchase Agreements

- Borrow up to £200,000

- Car to be purchase from a dealership

- Own car after last payment is made

 

Top Tip: Claim tax relief for making home visits

Did you know that if you use your own car for work, you may be able to claim tax relief on the approved mileage rate? Check if you’re eligible here

Secured Loans for Healthcare staff

We all have times where we need some financial support. If you can’t get a high enough balance on a credit card and a personal loan isn’t an option, then a secured loan might be useful. Often, a secured loan is used to fund a large purchase, such as a home improvement project. As the loan is secured against an asset, usually your property, you can be eligible to borrow larger sums of money through a secured loan.

 

Freedom finance is currently one of the UK’s leading fully in-house secured loans advisor teams. They’ll be able to give regulated advice on whether a secured loan is the right option or whether personal loans might be more suitable.

 

A secured loan is often used for things like:

Debt Consolidation

Home Improvements

Buying Additional Properties

Purchasing the freehold on a property

 

 

Personal (Unsecured) Loans FAQs

  • An unsecured loan (sometimes also called a personal loan) is a loan that is not secured against an asset. You borrow a fixed amount from a lender, then pay it back in monthly instalments plus interest over the term of your loan. At the end of your loan term, your loan will be repaid.

  • With an unsecured loan, you can borrow from £1,000 to £25,000 over terms of 1 to 7 years.

  • To be eligible for an unsecured loan, you’ll need to be over 18 and a UK resident. Unsecured loan eligibility criteria varies from lender to lender, however other things that generally affect your eligibility include your credit score and your income.


    If you’ve got a good credit score, the more likely it is that you’ll be eligible for a loan and the better the APR you’ll be offered.

Credit Card FAQs

  • The credit limit you are offered will depend on your credit history and your personal circumstances. All credit cards have a minimum and maximum credit limit. When you apply for a credit card, the card provider will give you a credit limit. If you aren’t immediately offered the maximum credit limit, your credit limit could increase in the future. 

  • A balance transfer card allows you to transfer the balance of another credit card on to it for a small fee. Balance transfer cards often come with initial 0% periods, for instance 0% interest for the first six months. 


    This means that won’t have pay interest on your credit card balance for the first six months, giving you time to clear the amount outstanding without it increasing further. Once the card’s 0% period comes to an end, the card’s usual interest rate will apply to any remaining balance. 

  • Purchase cards often come with an initial 0% period. For instance,  0% on purchases for the first six months. This means that you won’t pay interest on your spending for the first six months of owning the card.

    A purchase card gives you the opportunity to spread the cost of a big purchase or number of small purchases without being charged interest by paying them off in monthly instalments across the card’s 0% period. At the end of the card’s 0% period, the card’s usual APR will be applied to any outstanding balance.

Mortgage Advice FAQs

  • A mortgage advisor can help you navigate through all the options out there, and based on your personal circumstances, help find the best mortgage for you. Speaking to an advisor can save you time and help you prepare for that next step. 

  • There can be many options and reasons to get a mortgage, you can get expert advice for a wide range of circumstances including: buying your first home, remortgaging, moving home, buying to let, and more.

  • You can contact Mortgage Advice Bureau or request a call back, whether you are ready to go ahead or you just want advice. More information can be found here

Car Finance FAQs

  • We offer both car loans and hire purchase agreements. 


    With a car loan, you borrow money from a lender and repay it monthly. You can then use the money to buy a car either privately or from a dealership. You will be the official owner of the car as soon as you buy it, meaning you will have no mileage or alteration restrictions to worry about. With a car loan, you can borrow up to £25,000 spread over 1 to 7 years.
    With a hire purchase agreement, the finance will be secured against the car you buy. This means that you won’t be the official owner of the car until the final payment has been made. 


    You’ll need to buy your car from a dealership approved by your lender, then they will set up the hire purchase agreement. You may need to pay an initial deposit at the start of your contract. With hire purchase, you can borrow up to £200,000 over terms of 1 to 6 years.

  • With a car loan, you can borrow from £1,000 to £25,000 over 1 to 7 years.


    With hire purchase, you can borrow up to £200,000 over 1 to 6 years.

  • You won’t need a deposit for a car loan. With hire purchase, you may need a deposit depending on your lender. When you check your car finance options, the details of each car loan or hire purchase agreement offer will be outlined for you.

Secured Loan FAQs

  • A secured loan (also referred to as a homeowner loan or a second charge mortgage) is a loan that is secured against an asset, such as your home. This adds an extra level of security for the lender, enabling you to borrow larger amounts over much longer terms. You may also be able to get a better rate with a secured loan. However, if you become unable to repay your loan, as a last resort your lender could repossess your property to recover their costs.

    A secured loan will take a little longer to set up than an unsecured loan, however it works in a similar way. You borrow a fixed sum of money from your lender, then pay it back in monthly instalments plus interest over the term of your loan. At the end of your loan term, your loan will be repaid.

  • With a secured loan, you can borrow from £10,000 to £2,000,000 over 1 to 30 years.

  • To be eligible for a homeowner loan, you’ll need to be over 18 years old, a UK resident and a homeowner. Most lenders will also require you to have a decent amount equity in your home, although low loan-to-value (LTV) ratios are available. You may also be eligible for a secured loan even if your credit score is less-than-perfect. 

Freedom Finance is a trading style of Freedom Finance Limited registered in England and Wales. Company number 06297533. VAT Registration Number: 257 0001 44. Freedom Finance is authorised and regulated by the Financial Conduct Authority. Firm registration number 662079. See www.fca.org.uk Registered office: Atlantic House, Atlas Business Park, Simonsway, Manchester, M22 5PR. Copyright © 2010–2020 Freedom Finance Limited. All rights reserved. Reproduction in whole or in part without permission is prohibited. Calls may be recorded for training and monitoring purposes
Your home may be possessed if you do not keep up with certain types of repayments.