Loan Secured On House

Let us help you find the best loan deals secured on houses

If you are looking for a loan secured on a house, we can help you find the most competitive deal on the market.

As well as offering home loan deals offered by lenders for people with good credit histories we also work with secured loan brokers who search the UK secured loans market to find you the best rate.

• Secured Loans from £40,000 to £2.5m

• Adverse Credit and CCJs loan applications considered

• Loans Up to 30 years

• Leading UK secured lender deals compared

For the latest secured loan deals see the latest deals above or contact us on 0117 313 8872 or complete our loan enquiry form

Loan Secured on House

A loan secured on a house says exactly what it is. It involves a loan that is secured against the equity that you own in a property. As a result, from a legal point of view; the lender from whom you are borrowing will own legal ownership of the equity in question until the loan has been fully repaid. So it’s worth taking into consideration that a failure to keep up with payments is likely to result in the repossession of your home.

Criteria for a loan secured on a house

Secured loan lenders tend to have more flexible lending criteria than first charge lenders, which mean they usually consider a much wider and sever range of credit issues. Whilst each lenders criteria is likely to slightly vary, some of the typical factors secured loan lenders will look at when considering your application are:

A credit History – Whilst many lenders are willing to offer finance to those with a less than perfect credit history, the amount you can borrow, loan terms and interest rates are likely to vary depending on your credit profile and circumstances.

A UK address – Secured loan lenders usually as that borrowers have been a UK resident for at least three years, and are likely to feel more inclined to lend to you if you have a steady address.

A realistic repayment plan – Whilst interest rates may be more favourable for secured loans, you must be confident that you can make the monthly repayments on time.

How to find loan deals secured on houses

Loans secured on homes are subject to market forces and competition amongst providers, there are multiple providers whose rate changes regularly with low rates of interest being used in order to attract customers. In addition to this, the terms of the loan you are offered are also likely to depend on your personal circumstances, which is why we recommend contacting a mortgage broker.

Many secured loan lenders now only work through independent intermediaries such as ourselves, which it is why it is important to gain assistance from an authorised mortgage broker. We work with the majority of secured loan lenders, which means we can compare leading and exclusive rates to bring you the best deal possible to suit your personal circumstances.

For the latest secured loan deals see the latest deals above or contact us on 0117 313 8872 or complete our loan enquiry form