Secured loans

Also called Homeowner loans, a secured loan uses your property as security against the loan, so the lender is able to balance the risk of lending to you.

Secured loans allow you to borrow more and repay over a longer period than a personal loan – up to 25 years.

They can normally be used for almost any purpose and as the lender has the benefit of security they can be offered to people who may be excluded from other loans.

Contact us today for advice on a secured loan to suit your circumstances.

The amount that can be borrowed differs from lender to lender and your individual circumstances.

The amount that can be borrowed, the term available and the Annual Percentage Rate (APR) will depend on your ability to repay the loan, the value of your home and your personal circumstances.

Borrow at a special rates – a choice of rates

Affordable repayments – you can choose to spread the payments over the remaining term of your mortgage 3 -25 years

A range of uses – you can use the money for any purpose, i.e debt consolidation or buying a car

Borrowers who are self-employed, have recently changed jobs or have previous credit problems will be considered for a secured loan. They are also useful for borrowing larger sums or where the applicant requires a longer repayment period and they are often used when a mortgage lender´s terms restrict a further advance on a property.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME.
YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE