Email Usthumb

Secured Loans

Probably the Best Secured Loan Rates in the UK

A secured loan is any type of loan issued based on security – aka ‘collateral’. Lenders issue secured loans based on the value of the borrower’s financial assets.

Secured loans are loans set against an asset. The secured loans we offer are loans secured against a property you own. Secured loans are also known as homeowner loans or 2nd charge mortgages, which all provide additional funding without affecting a current first charge mortgage. Homeowner loans usually start at £10,000 and are set up by using the equity in your property.

When Would you Need a Secured Loan

  • Home Improvements from light refurbishments to extensions
  • Raise deposit to purchase a second property
  • Debt Consolidation
  • Capital injection into business
  • Repay loans on a help to buy scheme or other government funded schemes
  • Bad credit where you might not get a personal loan but could borrow against your property
  • Where income source is non-confirming or from multiple sources
  • Funds can be raised for any reasonable reason


  • Larger loans – it allows you to borrow more than personal loans which are usually up to £25,000
  • Long term – similar to a mortgage, it will allow you to borrow funds for a longer term (depending on your expected retirement age/retired income) which in turn helps to keep a more manageable monthly payment, making it more affordable by spreading the cost
  • Borrow more than standard mortgages – Lenders of secured loans will typically allow you to borrow more using higher income multiples or higher loan to values or both
  • Lower rates compared to certain other types of finance such as credit cards and certain personal loans
  • Allows you to keep your existing low rate mortgage product
  • Cheaper alternative to remortgaging as you might be tied into your mortgage product and have high exit charges

Secured Loans Tip: For peace of mind why not let us provide a free no obligation quote showing the best products available. This will take only a few minutes.

As everyone’s individual circumstances vary, it is very important that the decision to borrow any finance is made after careful consideration. As the loan is secured against your property it may be at risk of getting repossessed if regular payments are not maintained. It might be prudent to take out an insurance policy to protect the homeowner loan in the event of illness or redundancy.

secured loan calculator


Live Chat

hi Olivia here,
how can I help?