Houghton le Spring Car Finance

Used Car Finance in Houghton le Spring, Tyne and Wear

GB Car Finance specialises in used car finance in and around Houghton le Spring. We will work hard to help you obtain an approval decision, based on affordability, in minutes and drive away your new used car within 24 hours!

Car Finance Based On Affordability

If you need a loan to buy a used car then you have come to the right place - We could help to find car finance for you regardless of your current financial circumstances. We regularly help people with bad credit, even if they have been refused elsewhere.

Apply Now

Used Car Finance Houghton le Spring

Car Finance Houghton le Spring

We are available to help people access car finance 247, 365 days a year - Whether you need an affordable family saloon, an economical hatchback, a large car or a people carrier we will work hard to help you find the right car for you. Apply online day or night, or speak with one of our friendly operators who will help guide you through the car finance application process and answer any questions you have.

“I was happy with the deal I got for my new car as I've struggled in the past to get the finance from any other company as I've had bad credit. They were very helpful on the phone and helped me choose my car - I was more than happy and would recommend GB Car Finance to anyone…”

All circumstances considered - CCJs, defaults, arrears, self employed, benefits, limited or no credit history, refused car finance elsewhere - Whatever your circumstances we'll look to help.

Used Car Finance in Tyne and Wear

As well as Houghton le Spring, GB Car Finance is pleased to assist people searching for car finance in East Boldon, Gateshead, Jarrow, Newcastle, North Shields, Rowlands Gill, Ryton, South Shields, Sunderland, Wallsend, Washington and Whitley Bay in Tyne and Wear.

More information about Houghton le Spring

Houghton le Spring, a historic and quaint market town located in North East England, is known for being the birthplace of the 'Porsche Boxter', but this town has so much more to offer. From its involvement in the financial sector, to its near century long connection to the car industry, Houghton le Spring has become a key player in Britain's financial and automotive landscape.

Back in the 19th century, Houghton le Spring was a small village in the newly formed County Durham. The car industry first came to the area in 1922 when the 'Porsche Boxter' assembly plant was constructed here. The first Ford Capri was also built at this plant, and the town quickly became a major player in the car manufacturing sector of the British economy.

Since then, there has been a steady growth in the industry and other car companies like Nissan, Seat and Honda, as well as sub-companies of these firms all having factories within Houghton le Spring. The town's proximity to Newcastle, Sunderland and Durham, all of which are now major financial centres for the North East, meant that investors were more willing to invest in the local car manufacturing sector when compared to other parts of the country.

The area's involvement in the financial industry is not limited purely to the car industry. Over the years, companies such as PricewaterhouseCoopers and Ernst and Young have set up their offices in Houghton le Spring, giving local entrepreneurs the chance to make use of these global financial advisors. This has set the town up perfectly to capitalise on both the local and global markets, creating an investment and financial hub right in the heart of the North East.

Motorsport is an area where Houghton le Spring has really flourished, as it has become home to the 'Houghton le Spring Grand Prix'. This motor race away is a yearly event which attracts some of the worlds top racers, such as Lewis Hamilton, and this has helped cement the area as a formidable force in the world of motorsport.

Demographics

Houghton le Spring has a population of around 30,611 people (est. 2018), most of whom are concentrated in the town centre itself. The majority of the population are from a white British background, but there is increasing diversity as more people from ethnic backgrounds move to the area. The unemployment rate in the area is generally low, mirroring the relatively high median income of £24,698 (est. 2018). The town is approximately 12 km away from Durham City, making it a great location to base yourself if you're looking to commute to the major cities in the region.

Conclusion

Houghton le Spring is a historic market town in England with a long-standing connection to the car industry, financial sector and motorsport. The town has a proud population of over 30,000 people and has experienced a steady growth in recent years. Houghton le Spring is a bustling hub of industry which combines the power of major global firms with the nostalgia of a traditional market town.

  • Quick, easy application process
  • Borrow between £3,500 and £50,000 over up to 5 years
  • You could get a decision in minutes and drive away your new car within 24 hours
  • Finance is subject to status and affordability checks
  • A soft credit search will be carried out which won't affect your credit rating
  • You must be age 18 or over and a resident of Great Britain
  • You can still be approved if you have bad credit, CCJs, arrears, or the majority of your income is derived from benefits
  • You must not have an active bankruptcy order, IVA or equivalent
  • You must have a UK Bank or building society account and be able to prove your income
  • Lenders will register a full credit check if you proceed with a loan agreement