Secured loans
- All credit histories considered;
- Loans from £20,000 to £1 million;
- Enquiring will not impact your credit score;
- You can borrow if employed, self-employed, retired or on benefits.
Loans are secured against property - 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. We do not offer mortgages from high street lenders, so you should apply there first. If you were rejected, we may be able to help you.
Why choose a secured loan?
A secured loan can be a good alternative to a personal loan, remortgage, or further advance. This option involves taking out a new loan against your home, so you must be a homeowner to qualify.
Since it's a separate loan, you will not disturb your existing mortgage. This means you will keep your current rate and term.
Repayment periods range from 3 to 30 years, helping you keep your monthly repayments at a manageable level. However, spreading your repayments over a longer term may mean you pay more in interest overall.
Secured loans are versatile and can be used for any legal purpose, such as debt consolidation, home improvements, a deposit for a second property, funding a wedding, or other big purchases. However, be aware that consolidating debts might extend the repayment period and increase the total amount repaid.
Since the loan is secured against your property, you might qualify for a better rate compared to a personal loan. Whilst this can be useful, it may put your property at risk if you default on your loan.
So, if you need to borrow between £20,000 and £1 million and are struggling to get approved elsewhere, this may be a good solution for you. To qualify for our loans, you must be a UK resident, earn at least £20,000, and be aged between 25-85 years old.
Call our experts today on 0800 587 8587 to see what you could achieve.
What our customers say:
We ask independent review website Feefo to secure feedback from our customers, here is what they have to say about working with us:
"Fantastic company. Paul and Baz have been fantastic help securing me a second mortgage. Very helpful and informative and would highly recommend the Loans Engine."
27 Feb 2025
"Paul was absolutely amazing, patient and responsive, professional yet approachable, nothing was too much, well informed throughout."
24 Feb 2025
"Great! Really good communication throughout the process, helpful and informative staff. Highly recommended."
24 Feb 2025
"Both Medhi and Matt provided excellent service. They were both responsive and very knowledgeable. The process became protracted due to having to wait for the LR to register our property and Matt kept us informed every step of the way."
10 Feb 2025
We can offer:
- Fixed rates, so you can budget with ease;
- Competitive interest rates, to keep your monthly costs down;
- Quick lending decisions, so you can start your plans right away;
- Range of products, to try and find you a loan that meets your needs;
- A qualified advsior who will guide you through the process and handle the work for you.