How to compare UK secured loans

If you don’t fancy taking a week off work to research all the UK secured loans on offer, then you’ve come to the right place. We can help you compare loans from 13 different lenders in about five minutes.

What is a UK secured loan?

A secured loan uses your home as security against it. This means you can borrow more than you could otherwise, as the bank is happy in the knowledge it can take your house if you fail to repay them.

Here’s the lowdown on secured loans:

• You can borrow more than £25,000. The maximum varies between lenders
• You can take up to 25 years to repay it
• You risk losing your home if you default on your repayments
• The amount you can borrow depends on the value of your property and your credit rating

How to compare UK secured loans

Searching for the ideal loan is easy on our site. We are working with uSwitch.com to provide you with a free and impartial comparison of secured loans.

All you have to do is tell us about your situation and what you’re looking for. We ask, for example:

• How much you want to borrow
• How long you will take to repay it
• The value of your property
• Your annual income

Then our calculator matches loans with your needs.

Deciding which UK secured loan to get

Your results list the best loans for you. You can easily see all the important details:

• The monthly repayment
• The typical APR
• The total repayable
• The early settlement charge

If you want to apply for a loan, you may be able to do so using our site. We’ll let you know the requirements before you start your application.

The pros and cons of a UK secured loan

The advantages of getting a secured loan are the greater lending power and the longer repayment period. Plus your credit history is not as important as for taking out a personal loan.

But your house is at risk. Only take out a loan you can afford and make sure you meet the repayments or you could end up on the street!

Ready to compare? Find a secured loan now.