Secured loan: a fast way to raise the cash you need without remortgaging. Quickly raise £3000 to £100,000 out of the equity in your home.

Welcome to 1st-securedloans.co.uk,

Secured loans and second mortgages are loan specifically designed for people in the UK who want to raise capital out of the appreciated value of their home. Many home owners who currently have a cheap mortgage rate or are unable to remortgage can take out a secured loan without changing their mortgage. A secured loan offers greater flexibility and cheaper loan repayments compared with personal loans or credit card borroing. A personal unsecured loan is not that flexible only a 7yr repayment and limited to £25,000 borrowing and it is not a 'non status' or 'self certification' loan. With a secured loan the loan is secured by second charge against the value of the property, using the equity of up to 125% of the property value with loans of up to £100,000 can quickly be raised. Secured loans can have cheaper repayments spread over 25year term, plus flexible underwriting allow self employed persons with poor accounts or no proof of income are able to self cert their income just like a self-cert mortgage.  Self employed landlords looking to purchase another buy to let property may use a secured or second charge loan to quickly raise deposit funds. 1st-securedloans provide the best loan comparison for all secured loans, so whether your raising money for a home improvement project or for loan and debt consolidation, you will find the best market leading secured loan deals

Look around my site to find the best secured loan deal for your personal circumstances.

If you have moved around a bit and forgotten about the odd bill, it’s very easy to end up with bad credit in the form of CCJ’s or defaults somewhere in your address history.  Lenders know this and this is why many lenders will take a view on the odd small default.  If you need to raise money from your home secured loans fast can help you get money quickly, at an affordable rate of interest.  Because the bank takes a charge on your home, they are in a much better position in the event of default because they have the asset you have pledged as security.

A homeowner is looked as a more stable person to lend to as their house is a relatively illiquid asset and it’s not easy, cheap or fast to move home.

Homeowner loans are not as easy to get now as they were in 2006 as the outlook for UK home prices is more uncertain.  Cashing money out of homes has reduced recently as people are looking to pay down debt not run more debt up.

Lenders for UK home owners are taking a bit of a dim view of a lot of bad credit history too, and the person borrowing the money has a history of not sticking to their agreements.

If you have been offered a property cheap, you may want to consider a fast secured loan to raise the deposit for the purchase of another property.

 Yours,

(Secured loan & consolidation adviser)