UK Secured Loans

A UK Secured Loan allows you to borrow money at a far better rate than an Unsecured Loan because your home is used as security and deemed less of financial risk by the borrowers. Your home is however at risk if you do not keep up repayments secured upon it.

In these modern times nearly 50% of UK Homeowners will have experienced some form of credit problems. This could be with: CCJ's (County Court Judgements), Defaults, Mortgage Arrears, Bankruptcy, Debts, IVA's and Hire Purchase Defaults. If you have experienced any of the above you have probably got a Poor Credit History.

Most High Street Banks and Mainstream Lenders do not accept negative credit check scores. your credit history will be on a credit check database. So what chance have you of getting a Personal loan, Secured Loan or Unsecured Loan for a UK resident.

Independent Financial Advisors who deal with Poor Credit or Sub Prime Lenders will not punish you for a few minor CCJs and Defaults. They aim to provide financially manageable solutions based on the equity of your property as security.

If you keep up a good payment record for the remainder of your Poor Credit Secured Loan, most lenders will allow you to transfer to a new lower rate Secured Loan.
 

• An easy and manageable route to generating extra cash. 

• With a remortgage you have the same expenses you do when taking on a mortgage: surveys, valuation, mortgage indemnity and solicitors fees to pay.
  With a Secured Loan you have none of this, making it easier to arrange. 

• You can use the cash for any purpose - for example, debt consolidation, home improvements, buying a car or going on holiday.

• Using this for Debt Consolidation means that with one single payment each month, you have more control over YOUR monthly budget.

• Repayment period can be anything from 3 - 25 years. 

• Protected payment plans can provide extra peace of mind.

Your Secured Loan can be used for any of the following