Secured Loan
Secured Loan
Our Secured Loan service offers homeowner loans from £5,000 for any purpose.
With most unsecured loans you can typically borrow up to £10,000 with a maximum repayment period from 5 to 10 years. With a secured loan you can borrow up to 125% of the value of your property subject to status over a timescale ranging from 3 to 30 years. As the lender is securing the loan against your property a secured loan often provides a cheaper longer term finance solution than an unsecured loan.
We work with independent secured loan brokers who search the market for deals offered by leading UK finance specialists who are owned by banks such as The Royal Bank of Scotland, HSBC and Lloyds TSB.
When looking for a secured loan, the following aspects are important to consider:
- Interest Rates - A high APR could raise the cost of the loan
- Amount you wish to borrow - You can borrow more with a secured loan than with an unsecured loan
- The time required to pay the loan back - This could also increase the cost of the loan
See our FREE loan calculator below to compare secured loans or fill in our quick and easy enquiry form to discuss your options with an expert.
|
Lender |
Min Loans |
Max Loans |
Typical APR |
Apply |
 |
£5K |
£100K |
8.5% |
|
 |
£10K |
£100K |
9.7% |
|
 |
£7.5K |
£105K |
10.5% |
|
 |
£3K |
£100K |
13.8% |
|
 |
£1.5K |
£20K |
29.5% |
|
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.
|
All Secured Loans are subject to status and ability to repay. Loans are secured on property and are for home owners and mortgage payers only.Please be sure to read the Secured Loan agreement fully and carefully before making any agreement.