A secured loan or 'homeowner loan' is a loan secured against your property. This means the lender has a second charge placed on your home after your mortgage lender as you are using your property as security against the loan.
The money borrowed is based on the equity on your home. You can then choose to spend the loan as you wish e.g. home improvements.
As with any borrowing secured against your home, we ask our clients to think very carefully about how they will manage a secured loan, as any default may result in the property being repossessed.
Let GEM do the hard work for you by providing a rapid comparison of secured loan deals. Call us now on 020 8543 0111 or contact us here.
THINK CAREFULLY BEFORE SECURING 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
The Financial Services Authority does not regulate finance
![]()
![]()
![]()
![]()
![]()
![]()
Request a call back from one of our consultants by
filling your details in the form below
