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What is a secured loan?

A secured loan is money that you borrow that is secured against an asset you own – normally it would be secured against your place of residency however it can be secured against your buy to let property, or your commercial premise - in second charge behind your mortgage.

Taking out a secured loan may be a solution in circumstances where it is not fitting to re-mortgage your property, and a further advance is not applicable to your current circumstance.

Product Overview;

  • Secured Loan duration from 1 year
  • No early repayment fees
  • Low rates from 2.6%
  • We have no affiliation with any lenders, giving us visibility over the whole lending market, which in turn allows us to provide you with the best terms and rates
  • You can borrow from as little as £5000, to £2.5 million
  • Loans can be secured against residential, commercial or buy-to-let
  • LTV up to 95%

 

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