Secured Loans
Second charge loans can be a strong alternative to a remortgage, particularly where existing mortgage terms, income profile or timescales make refinancing unsuitable.
- They are often appropriate where:
- Funds are needed quickly
- You are currently in a fixed rate or interest only mortgage
- Poor Credit – no problem
- You are newly self-employed
- Pension or Benefit income accepted
- Income or age restricts remortgage affordability
- Key Features
- Flexible borrowing solutions designed to help with everything from debt consolidation and home improvements to school fees or tax bills
- Flexible drawdown options available
- Products with unlimited overpayments at no charge
- No early settlement penalties on many products
- Loans available up to 100% of property value
How it works
your enquiry
Share a few details and tell us what you need.
the right solution
Our specialists match you with the best options for your situation.
your funding
Once approved, the funds are released quickly and securely.
FAQs
What is a secured loan?
A secured loan (also known as a second charge mortgage), allows you to borrow against equity in your home while keeping your existing mortgage in place, without the need to remortgage.
How much can I borrow?
Between £10,000 and £1 million.
I have adverse credit – can I still apply?
Yes. We regularly place cases involving adverse credit, CCJs, defaults and historic arrears.
How long does a secured loan take to complete?
It can potentially complete in as little as 48 hours, depending on your circumstances and how quickly the required information is provided.