products & services

Personal Customer Lending Products

Home Loans

A home loan is long term finance and is generally known as a mortgage.

  • The interest rate will be the prevailing ACC Loan Management Home Loan rate which is variable. Where a variable rate applies, lump sum payments and out of course payments can be made at any time without incurring an early repayment cost;
  • There are no handling fees payable in respect of the provision of a Home Loan;
  • You must provide security of your Home and sometimes additional property or other security as one of the conditions of a Home Loan;
  • Where you do not meet repayments on your Home Loan you could lose your home and/or other security provided;
  • The assignment of a life assurance policy in the Borrower’s name for the duration and amount of the loan is required other than in very exceptional circumstances;
  • Repayments are usually on a monthly basis by direct debit;
  • Statements on account are issued annually or at an agreed frequency;
  • Where you are late in making repayments on your loan, surcharge interest will accrue.(Please click here to see our Guide to Fees and Standard Charges for more details);
  • In order to discharge, release or vacate a security upon full repayment of your loan, a charge will apply. (Please click here to see our Guide to Fees and Standard Charges for more details);
  • ACC Loan Management Home Loans are subject to terms and conditions specific to each Borrower and to general conditions for Home Loans with ACC Loan Management;

You can check our Lending Interest Rates here.

WARNING: YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP PAYMENTS ON A MORTGAGE OR ANY OTHER LOAN SECURED ON IT.