A secured loan is a loan secured using the equity in the homeowners property as security. The potential benefits of a secured loan include:
- Ability to borrow large amounts
- Longer repayment terms
- Affordability calculated on multiple incomes
You will need to be sure that you can meet the monthly repayments as failing to do so could result in you losing your home.
If you’re considering a secured loan, contact our expert team of Mortgage Advisers on 01473 216950 or email email@example.com. Our team are available for appointments at a time and place to suit you.