Secured Loans

Borrowing money secured on your property is an alternative method of raising funds to a remortgage.
The terms are often more preferable than an unsecured loan and the lenders will often allow individuals to borrow more than a personal loan if there is enough equity in the property and the loan is affordable
The secured loan lender places a ‘legal charge’ on your property and ‘sits behind’ your mortgage lender, In other words, your mortgage lender has the ‘first charge’ on the property and the secured loan lender has the ‘second charge’.


A mortgage is a loan secured against your home or property. Your home or property may be repossessed if you do not keep up repayments on your mortgage.