Secured Loans

Secured LoansSecured Loans

Secured loans offer a way of raising finance if you are a homeowner particularly if you have a mortgage and you want a more flexible arrangement. A secured loan may offer you a better rate of interest and than an unsecured loan, as the lender has the peace of mind that he has security if there is a problem with repayments. With secured loans, you are borrowing the money against the value of your property, so you can often obtain:

  • A more competitive rate
  • Choice between a variable or fixed rate
  • Borrow up to 125% of the value of your home
  • Choose to repay the money back over a period of between 3 and 30 years

To find the best secured loans deals you can use our FREE loan rate comparison service. We can put you in touch with an independent loan specialist who will search through all the leading UK secured loan deals to find you the most competitive quote.

Lender
Min Loans
Max Loans
Typical APR
Apply
First Plus
£5K
£100K
8.5%
Nemo
£10K
£100K
9.7%
Accepted
£7.5K
£105K
10.5%
Ocean Finance
£3K
£100K
13.8%
Welcome Finance
£1.5K
£20K
25.0%

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. Home Equity Loans are secured on property and are for home owners and mortgage payers only. Please be sure to read the Secured Loans agreement fully and carefully before making any agreement.

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