Secured & Un-secured Loans
In simple terms, a secured loan is a loan secured against your property. As the amount of a secured loan is generally higher than an unsecured loan, you will be required to sign a mortgage deed to provide the Lender with security over the money you have borrowed - just like your mortgage.
The deed allows the lender to register a charge over your property. As many lenders relax the requirements of their lending criteria to provide lending facilities in a host of circumstances, security over the loan is very important.
We can arrange loans and mortgages for any amount from £10,000 to £1 million (Un-secured from £500 to £25,000). However, there are a few factors to take into consideration such as available monthly income and the equity available in your property.
The most important considerations are that you can afford the monthly repayments and that you are a homeowner/ mortgage payer.
