A secured loan is money borrowed against an asset you own - usually your home. By securing your loan against your property, we’re able to find/offer better rates than you’d find available for personal, unsecured loans. You don’t have to own your home outright to qualify - so long as you have enough equity built up to borrow against.
You can use your loan for anything you like, whether that’s consolidating existing debt, making improvements to your home, or treating yourself to a new car or second property.
Securing your loan against your property means you don’t need a perfect credit score to apply.
A secured loan can allow you to borrow more money than you would be able to otherwise – perfect for those big projects.
Our partners have long-term options available. The rates may be slightly higher, but the choice is there.
Secured loans offer lower rates than unsecured alternatives.
We need some details to make sure you’re eligible
Our team will help you make sense of the market and find the best lender for you
You will receive a decision from a lender in as little as 24 hours, with the funds shortly behind
How much you can borrow depends on a few different factors:
The security must be of higher value than the money you’re borrowing, so the more valuable your house, the more you may borrow
Lenders can only lend against the part of your home that you own outright, so having a smaller mortgage will allow you to borrow more
If you have a good track record and have never defaulted on a loan, you’ll be able to borrow more than someone who has