Secured Loans

Could a secured loan be the best option? As people’s circumstances vary, there isn’t one answer that’s suitable for everyone.

Our expert advisers can review your situation on an individual basis and consider whether a secured loan may be more favourable to remortgaging in your current situation.

Secured Loans

A secured loan – also known as a secured homeowner loan – is secured against an asset, such as your property. Due to this, lenders are more likely to approve a secured loan, even if you have a poor credit history.

Secured loans can be used for a range of different purposes, from home improvement projects to debt consolidation. Unlike personal, unsecured loans, the repayment terms can be spread over a longer period of time to reduce the monthly amount payable – very helpful for those looking for an affordable loan to consolidate debts.

When deciding to offer you a secured loan, lenders will assess the value of your home and your financial history. The amount that you can borrow and the interest rate that the lender offers is then based on:

  • Your credit score
  • Financial circumstances
  • Amount of equity in your property.

Remember, every time you apply for a loan, it will leave a mark on your credit history. What’s more, as the asset is used as collateral, the bank or lender can repossess it if you default on the loan or miss a payment, so you must make sure that you only borrow what you can afford to pay back. As your adviser, we will help you every step of the way.

Not the right service for you?

We hold your hand every step of the way

Advice

Your trusted adviser will work with you to help you choose the best options for you

Case Management

Our expert case managers are on hand to complete all of the paperwork and make sure everything is on track

Completion

We’re with you throughout your journey – all the way up until the keys are in your hands or the investment is financed!

Relevant Secured Loans Blogs

Our Company Values

Advising

From sharing our experience of the market and its best products, to sharing knowledge of how we have helped others achieve their dream home or holiday, advice is at the heart of our business.

Educating

The market constantly changes and so do we. We run regular industry training and informal learning sessions for our advisers, sharing knowledge and tips on best-practice and industry standards. We work with ambitious individuals to continually improve the level of insight and service they can offer clients.

Giving