How can I qualify for a secured loan?
In order to qualify for a secured loan you will need to be a homeowner with an existing mortgage. This mortgage will be the first charge on your property, followed by the secured loan. If you own your property outright and do not have a mortgage, we can arrange a re-mortgage for you. Please call 0800 772 0693 for details.
How long will it take to get the loan?
We work fast and we will usually be able to provisionally confirm your loan options within minutes, so please complete the short enquiry form or call our Loans Hotline now on 0800 772 0693. The length of time needed until you actually receive funds will vary from lender to lender, but our team are committed to processing your application as fast as possible and we will do our absolute best to help you through the loans process as fast as we can.
How much can I borrow through a secured loan?
We work with a vast panel of lenders to seek out the very best deals and can arrange secured loans from just £5,000, right up to £250,000. However, if you are looking for a loan amount outside this range, our team may still be able to help you find the right solution.
What is a secured loan?
A secured loan is the means to release funds which are secured against the equity in your property. We arrange secured loans from £5,000 up to £250,000 for a wide variety of purposes – but the most common are debt consolidation or home improvements. The upside of borrowing money this way is that the loans company will see you as less of a risk, and therefore offer lower interest rates than unsecured credit, as the loan is tied to your property. One thing to be aware of though is that if you are unable to repay the loan you could be putting your property at risk.
Will it be possible to borrow more in the future?
If you are looking to increase the amount you are borrowing, just give our team a call on 0800 772 0693 and we will do our best to help you.