As a homeowner you could borrow from £10,000 to £500,000 with a low rate secured loan.
If you are looking to borrow money for a wedding, home improvements, a new car, or to consolidate existing credit – maybe there’s more than one reason – secured loans can give you the money to make it happen, with an affordable monthly repayment that suits you.
Dewar & Partners can help you find a secured loan with benefits including:
- Affordable Monthly Repayments
- Loans from £10,000 to £500,000
- Use the loan for any legal purpose including paying off credit cards and other loans
- Reduce your monthly outgoings dramatically before your next monthly payment is due
- Fixed or Variable rates available
- Those with bad credit or who have been refused finance elsewhere considered
- Self-employed welcome
Please be aware that when consolidating items of credit, whilst your monthly repayments may reduce, you could be extending the term and therefore the total amount of interest you will pay.
Your property may be repossessed if you do not keep up repayments on your mortgage or another debt secured on it.
Secured Loans FAQs
Secured Loans FAQs
Secured loans, also known as homeowner loans, are loans secured against your property. Secured loans are ideal if you want to borrow a large amount of money and are usually used to consolidate existing credit or to make home improvements.
Because your property is provided as collateral for the loan, loan providers see you as less of a risk. However, your home could be at risk if you are unable to repay the loan.
You need to be a homeowner with an existing mortgage. Your mortgage is the first charge on your property, and a secured loan is a second charge.
Secured loan amounts are available from around £10,000 to £500,000 but if you have a request that is outside this range, we may still be able to help on a referral basis. Please contact us and we will do our best to help you.
It can vary from loan to loan but from the day you call us, we aim to complete your loan in just two weeks and we will always keep you informed throughout the process.