SECURED LOANS - COMPARE SECURED LOANS ONLINE

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A secured Loan is a loan where an asset; usually a flat or house, is put up by the borrower as collateral against the loan. This means that if the borrowers fail to make repayments on their secured loans; they may be liable to lose their property. With a secured loan you are likely to borrow a larger amount of money than an unsecured loan and so they carry a significant risk. If you want to borrow an amount between £1,000 and £25,000, you may want to consider an unsecured personal loan which carries less risk to your assets than secured loans. As you have put up an asset against the loan you will find the interest rates will be lower when compared to unsecured loans and usually you will be able to borrow more money for more time. It is important that you take the time to compare different loans against each other which you can do in the table above. It is really important that you think carefully before securing debts against you home.

Search Report: Personal Loans  Unsecured Loans  Secured Loans  Wedding Loans

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

PROVIDERTYPE

TYPE

Lender / Broker

APR

APR

A Representative APR is a financial service concept in which interest rates quoted through advertising media is required to take into account all charges associated with a product, in addition to the interest rate.

LOAN AMOUNT

LOAN AMOUNT

Total amount you can borrow

MIN TERM

MIN TERM

Minimum loan duration

MAX TERM

MAX TERM

Maximum loan duration

FEATURES

FEATURES

List of features of loan

ID REQUIRED

ID REQUIRED

List of ID required to obtain a loan

SUITABLE

SUITABLE

Who the loan is suitable for

RESTRICTIONS

RESTRICTIONS

Restrictions regarding potential borrowers

MORE INFO

First Choice Capital Resources
First Choice Capital Resources

Broker53%
Representative Example

Representative Example

At 53.9 % APR fixed, £3000 borrowed over 36 months payments would be approx £151.19 per month. The total amount to be repaid would be £5442.84.

£100.00 - £2,500.001 month24 monthsFeatures

Features

Credit Check: No
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention: Not permitted

Identification

Identification

Personal and financial information

Suitable For

Suitable For

All types of borrowers - even those with bad credit history, and CCJs

Restrictions

Restrictions

See website for restrictions

First Choice Capital Resources
Apply online for unsecured loans with First Choice Capital Resources and you can borrow up to £2,500. First Choice Capital Resources matches you with the right products and services based on your profile. To apply, simply complete your online profile and you could receive cash even if you have been refused elsewhere. Before you apply for an unsecured loan consider your options and please make sure that you read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works. DETAIL INFORMATION >>Terms

Terms

Some lenders consider the existence of an active credit and/or debit account as part of their decision making process


Advantages

Advantages

1. Unsecured instalment loans with payment terms up to 24 months
2. Auto Loans
3. Help with existing debt problems
4. Mortgage relief
5. Flexible payments


Disadvantages

Disadvantages

1. Some lenders consider the existence of an active credit and/or debit account as part of their decision making process
2. Unsecured Cash Loan installment offer may take up to 2 weeks to process
3. Maximum borrowing is £2,500

Solution Unsecured Loans
Solution Unsecured Loans

Broker53.8%
Representative Example

Representative Example

Total Amount of Credit: £2,500; Representative APR: 53.8%; Total Charge of Credit: £2035.70; Total Amount Payable: £4535.70

£500.00 - £7,500.0012 Months60 MonthsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: Yes
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable:
Extention: Not permitted

Identification

Identification

Initially residential and personal details

Suitable For

Suitable For

Restrictions

Restrictions

You must be 18 years or older in order to be eligible for this loan

Solution Unsecured Loans
Apply online and receive an immediate decision on your application with Solution Loans. There are no upfront fees and you can enquire at no cost and at no risk. Even if you have been refused by other lenders Solution Loans has helped a wide range of people to get a loan. Before you apply for an unsecured loan consider your options and please make sure that you read the terms and conditions carefully to ensure that you fully understand your financial obligations and how the loan works. DETAIL INFORMATION >>Terms

Terms

You must be 18 or over in order to be eligible


Advantages

Advantages

1. No Credit Check required
2. Multiple Loan Options
3. No Enquiry Fees
4. Poor Credit Specialists
5. Repay Early with No Penalties
6. Fast Track Cash in 48 Hours
7. Great Follow Up Service


Disadvantages

Disadvantages

1. You cannot be bankrupt or in an IVA

Freedom Finance
Freedom Finance

Broker15.9%
Representative Example

Representative Example

If you borrow £15,000 over 4 years at a Representative APR of 15.9% and an annual rate of 15.9% APR (fixed) you would pay £416.29 per month. Total charge for credit will be £4,981.92. Total amount repayable is £19,981.92.

variesDepends on lenderDepends on lenderFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: No
Bank Account: Yes
Repayable: £19,981.92
Extention: Ask on application

Identification

Identification

Personal details, details on home ownership

Suitable For

Suitable For

Home owners

Restrictions

Restrictions

Only for home owners

Freedom Finance
Freedom Finance offers customers the best loan possible for their personal circumstances without adversely affecting their credit rating. Typically other loan companies promote the lowest rates and encourage customers to make applications for loans they may not to get. This can adversely affect a customer's credit rating as a result of being declined. Freedom Finance has pioneered soft search technology which enables them to determine which loans a customer is accepted for and the best rate they are can achieve. This allows customers to have access to a wide variety of loan products without worrying about multiple applications and rejections which negatively impacts their credit score. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.Easy and fast process 

2.Large choice of lenders available 
3.Low rates


Disadvantages

Disadvantages

Not much info available before quote

Mortgage Simplicity
Mortgage Simplicity

BrokerN/A
Representative Example

Representative Example

Ask on application

£999,999+variousvariousFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: Depends on kind of mortgage
Extention: Ask on application

Identification

Identification

Initially personal details

Suitable For

Suitable For

Any kind of home buyers

Restrictions

Restrictions

Ask on application

Mortgage Simplicity
We are an independent Whole of Market Mortgage and Insurance Broker. We are Telephone and Web based and cover the whole of the UK Mortgage Market. We offer advice and recommendation on all types of Mortgages, Remortgages, Buy to Let, Commercial Loans, Secured Loans, shared equity, Help to Buy, Shared Ownership, Life Assurance, Critical Illness Insurance, Income Protection, Mortgage Protection Insurance, Home and Contents Insurance. We have access to all lenders and exclusive deals you won't find on the High Street and We don't charge a fee for Mortgage Or Insurance Advice and you can contact us online or over the phone 7 days a week from 8am to 8pm. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1. No obligation advice 

2. Many lenders 
3. Years of experience


Disadvantages

Disadvantages

Details only by request

B2B Mortgages
B2B Mortgages

Broker2.25%
Representative Example

Representative Example

Loan amount £500,000, rate 2.25%,10 years,Interest Only £937.5 pcm, Full Repayment £4,657 pcm

£50,000.00 - £40,000,000.005 years30 yearsFeatures

Features

Credit Check: Yes
Instant Decision: No
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable: £4657 pcm
Extention: Ask on application

Identification

Identification

Personal and property details

Suitable For

Suitable For

Commercial properties

Restrictions

Restrictions

B2B Mortgages
B2B mortgages are specialists in sourcing Commercial Mortgages for sole traders, partnerships, limited companies and investors. They search all lenders available for the lowest possible rates. DETAIL INFORMATION >>Terms

Terms

See website


Advantages

Advantages

1.No Broker fee 

2.Whole of UK Market access


Disadvantages

Disadvantages

Your Home Loan Solutions
Your Home Loan Solutions

Broker4.7%
Representative Example

Representative Example

Ask Lender

£1,000.00 - £750,000.001 Year25 YearsFeatures

Features

Credit Check: Yes
Instant Decision: Yes
Online Application: Yes
Secured Loan: Yes
Unsecured Loan: No
Mobile Loan: No
Wedding Loan: No
Debit Card: Yes
Bank Account: Yes
Repayable:
Extention:

Identification

Identification

Initially personal details and Loan requirements

Suitable For

Suitable For

Those that need a secured loan

Restrictions

Restrictions

If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Your Home Loan Solutions
Your Home Loan Solutions help you to find your perfect secured homeowner loan in minutes. They can offer a 4.7% APR - even if you don’t qualify for the best rates, their aim if to get you as close as possible and always ensure that it is affordable. Using Your Home Loans doesn’t mean you have to take a loan out – you can get a secured loan quote and take no action. DETAIL INFORMATION >>Terms

Terms

Loans may be secured on your home. Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.


Advantages

Advantages

1. No obligation quotation. 
2. Receive your results in minutes
3. Rates from 4.9% APR
4. Receive free, expert comparison
5. Borrow from £5,000 to £750,000


Disadvantages

Disadvantages

1. You may not qualify for the headlining APR

2. The typical rate is 13.8% APR variable.
3. A broker fee of up to 12.5% will be added to secured loans.

If you wish to speak to someone: Contact Us or Enquiry Line: +44 (0) 207 386 5300

Compare Secured Loans

What are secured loans?

A secured loan is effectively a loan which is 'secured' on the basis of a significant asset – usually a home. What this means is that if the applicant owns his home or at least a portion of it; he can receive a large loan against this asset.

What are the advantages of secured loans?

As the borrower has put up a significant asset as collateral against the loan, the lender considers the loan to be less of a risk and so is more likely to lend a large amount. As there is less risk to the lender, then it is usually quite easy to obtain the loan needed (dependant on the value of the asset of course.

What are the risks involved with secured loans?

Secured Loans are riskier for the borrower than an unsecured or personal loan; as if you fail to make your repayments, you run the risk of losing your property. If you want to borrow a loan of EG £1,000 to £50,000 you may want to try an unsecured loan first. A loan can be a big commitment. Before taking out any loan you should seek independent financial advice as all loans involve a level of risk and everyone’s situation and requirements are different. Always be fully aware of what you are applying for and weigh up all the pros and cons before committing.

Choosing a secured loan

The interest rate is one of the most important things to think about when choosing a secured loan. The Annual Percentage Rate (APR) is the amount of interest you have to pay on the loan. When you take out a loan you have to repay the amount you borrowed plus this interest. Essentially, the lower the APR on the loan the cheaper it should be. The interest rate will vary depending upon how much you borrow and for how long. Unfortunately, the loans with the best interest rates will be given to people with the best credit ratings so the interest rate is often based on your credit score.

Be sensible with the amount you borrow

Before taking out a secured loan you should work out exactly how much you want to borrow and for how long. It also worth considering what sort of repayment options suit you. You should only borrow what you need even if you can borrow more than you want. The length of time you borrow for will affect how much you will pay each month. Essentially, the longer you have the secured loan for, the more interest you will pay but the monthly repayments may be reduced. A loan could be more expensive if you are paying it back over a longer period of time. With this in mind, you should try to borrow for the shortest period you can afford to keep costs down.

Finding secured loans

The best way to find the secured loans is to take the time to research different lenders; Research is the key to getting the right loan. There is a huge range of loan options so you should shop around to find the right loan that suits your needs. Online searches and comparisons can be really useful especially as some deals are available exclusively online. You should be aware of the full terms, conditions and features of different loans and make sure you know exactly what the interest rate is so that you know what you have to pay and when, which should help you budget effectively. Some other aspects to consider include whether the lender allows you to pay back your loan early if you need to and whether they offer a payment break but remember this can be costly.

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