Call or apply online0115 815 7813Mon-Thurs 9am-8.00pm, Fri 9am-6.00pm
THE LOAN PARTNERSHIP IS A BROKER, AND NOT A LENDER
TYPICAL 7.4% APRC VARIABLE.
Think carefully before securing other debts against your home. Your property may be repossessed if you do not keep up repayments on your mortgage. Loans available to UK residents only. Loans subject to status and secured on residential property by way of second charge. Consolidating debts may increase the term and total amount payable.
Second Charge mortgages from £5,000 to £2,500,000
We charge a fee for our broking services. Our typical fee is 3.7%. Depending on the complexity of your circumstances and amount of work done we may need to charge a higher fee. We will let you know what the fee is before you decide whether to proceed with the loan. Our fee will not be more than 12.5%. Please read our client agreement for more information about the fees.
Minimum age 18 years. Rates and fees correct as of 14.02.20. The Loan Partnership Ltd. First Floor, Unit 2, DC3 Boundary Way, Hemel Hempstead, Hertfordshire HP2 7EQ. Company registered in England,registration number 06576125. Registered Office 82 Gallows Hill Lane, Abbots Langley, Herts. WD5 0BY.
The Loan Partnership Limited is authorised and regulated by the Financial Conduct Authority. You can check our firm on the FCA financial services register under number 707809.
Data Protection Registration Number ZA001730.
Secured Loans Information
A secured loan, also known as a homeowner loan or a second charge mortgage, is simply a loan that is secured against your property – similar to a mortgage. We provide secured loans from £5,000 to £250,000 and help customers with many different financial circumstances.
Reasons to choose a secured loan
Many people opt for a secured loan when looking to borrow or consolidate larger amounts as unsecured finance is usually only available up to £25,000. With a secured loan, whilst we typically provide loans up to £250,000, we can provide up to £2,500,000. More general information about secured loans is at Wikipedia.org.
Fund home improvements with a secured loan
If you’re looking to fund home improvements, secured loans are a great way to spread the cost, so you can enjoy a new kitchen, extension, conservatory or any other home or rental property improvement now, and repay the borrowing with affordable repayments.
Consolidating existing debts
If you’re repaying multiple unsecured debts such as credit cards, store cards or unsecured loans, then consolidating these debts into a single low rate loan could help to reduce your monthly credit bills and give you an end date to when the loan will be repaid in full – unlike credit cards with minimum monthly repayments that can easily run on for years if not addressed.
When considering consolidation with a secured loan, please keep in mind that if you extend the term too much, you could end up paying more in the long term. However, get the balance right with affordable monthly repayments and an appropriate loan term, and you could reduce the amount of interest you would have repaid if you had continued making minimum repayments on credit cards year-on-year.
If you’re considering consolidation but would like to speak to someone first, the Money Advice Service provide free, impartial advice to help you to improve your finances with support over the phone and online.
Have poor credit, arrears or CCJs?
We help customers with a wide range of financial circumstances and can help people with good or poor credit. If you’ve missed credit repayments, have arrears or other credit problems, speak to us – we’ll compare our panel of lenders to find suitable loan options that you could be accepted for – and at the best rate available to you.
No up-front fees or credit checks
As a trusted credit broker with many years experience, we never charge any up-front fees. Additionally, when applying for a secured loan quote, our soft search process means that it will not affect your credit score – so there is nothing to lose by just getting a secured loan quotation.
How to apply for a secured loan quote
For a personalised secured loan quote, simply complete our straightforward loan quote application form and we’ll contact you, usually within 15 minutes (during business hours), to confirm some further details and provide your loan quotation. This will include your monthly secured loan repayments and interest rate offered. You’ll then have the information you need to make an informed decision, in your own time, whether the secured loan is right for you. If you would like to proceed, we’ll help you each step of the way to complete the final parts of your application, so you can get your loan - when you need it.
Expert customer team
Our experienced customer service team work day in, day out, finding customers the right secured loans for them and we’re available via phone or email, so if you have a question or would like to see how we could help – get in touch today.