Free up that equity with a secured personal loan
Whether you need to raise money for a new car, a relaxing holiday or to consolidate your debts into one, a secured loan can help you do just that.
With a secured loan you could:
- Obtain a loan for any purpose
- Borrow from £5,000 to £250,000
- Consolidate all your debts into 1 lower monthly payment
- Raise money for home improvements, a holiday, etc
- Borrow up to 125% of your property
- APR from as low as 7.9%
- All circumstances considered
- Payments deferred for up to 6 months
Please note: We offer free, no obligation and independent advice. We search over 200 lenders for the best deals.
What Is A Secured Loan?
A secured loan is usually secured on your home, the lender’s risk is minimal. Generally it is easier to obtain a Secured Loans than an unsecured loan. If you are a homeowner and self employed, recently changed jobs or have a bad credit history, you’ll find it easier to obtain a secured loan than a personal unsecured loan.
The maximum amount most secured loan lenders will lend is dependant on your mortgage balance or the mortgage lenders maximum liability and the value of the property. You can borrow much more with a secured loan than an unsecured loan.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Related Articles - Secured Loans
"Initially I applied for a loan to consolidate my debts. However, after speaking to one of your advisors, it became clear that a far better solution would be to go on one of your financial management plans...
Everything was made so simple and the continual support and advice you have provided from my initial enquiry and whilst on my financial management plan has resulted in my debts nearly being clear now! I can't thank you enough for your help."
Janet N, Birmingham
