Secured Homeowner Loans

A secured homeowner loan is a great idea if you have equity in your property and need to borrow a large amount usually between £15,000 and £100,000. The loan is secured on your home so your interest rate will normally be lower than that of an unsecured loan because the lender knows you are more likely to make the repayments on time and promptly.

Even if you have had bad credit in the past such as CCJs, defaults, decree’s and arrears you can still get a lower interest rate secured loan as the loan is secured on your property. You could use the loan to ease financial troubles by consolidating all of your debts (such as higher rate credit cards, loans or hire purchase agreements) into one lower monthly payment. The secured loan lenders we deal with are also very flexible, you can take payment holidays on some plans and payments can be spread over longer than normal periods of time than the equivalent unsecured loan.

A secured homeowner loan is a great idea if you want to do expensive home improvements or perhaps buy a new car. You must however remember that a secured homeowner loan is secured on your property and your property is at risk if you do not keep up repayments on a mortgage or other loan secured on it.

There are several different banks and financial institutions that offer secured homeowner loans at different interest rates and repayment periods. At secured-loans.gb.net we will endeavor to find the best possible deal on offer to suit your personal circumstances, even if you have had bad credit in the past. Fill out our online application and one of our advisers will contact you shortly. Remember there is no obligation!