Affordable Secured Consolidation Loans from the Experts

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Secured Loan Expert is a trading name of First Union Mortgages Limited one of the largest and most trusted finance brokers in the UK.

We specialise in finding the best loans for our clients from probably the biggest selection of loan deals in the UK with over 950 different deals available at any one time. We will match your requirements with all the deals on offer, ensure that you are aware of all the costs of each individual loan before you chose to apply. We will make the application on your behalf ensuring that your case is seen by the lender in the most favourable light.

Our experts are there to ensure you get the best deal and what’s more our help and advice is free so why not take advantage of our expertise.

A homeowner loan is a personal loan taken out against the equity in your property. Also known as secured loans, these are offered in exchange for you offering your home as collateral. Securing the loan with your home enables you to borrow substantial amounts of money for long periods. Moreover, because the lender puts a charge on your home as security, it offers very good interest rates and manageable terms.

Currently you can borrow up to the maximum limit of 95% of the equity in your home.

- You can obtain a homeowner loan by first comparing the deals in our simple comparison engine and choosing the deal that suits you most. Pay attention to the minimum and maximum loan amounts offered by each deal, as this will play a role in your decision making. When you have found the most suitable loan offer just contact our friendly team of experts who will answer all of your questions, help you with your application, get pre approval from the lender, and if required arrange for a valuation of your home whilst keeping you up to date throughout the approval process until completion.

It is still possible to get a secured loan when you are self-employed. This will be dependent on your personal circumstances and each lenders’ criteria. Our team can advise you as to the exact requirements when you call us.

At Secured Loan Expert all types of credit history are considered. The decision to lend is subject to individual lender criteria and your personal circumstances. Our expert team can provide you with more information if this is the case.

No. The only note on your credit file that will exist when you make an initial enquiry will be a Quotation Search which will only be visible to you and not by other searchers.

When you make a full application then a full search will be undertaken which will show up on your file at that stage. This will be visible to other lenders.

While this process is a lot shorter than a mortgage or re-mortgage application, the exact length of time from application to you receiving the funds depends on the amount of the loan required, the loan amount to the asset value, the lender chosen and your individual circumstances.

Once the loan is approved by the lender, they will transfer the money to you typically within 48 hours if electronic transfer is the payment method.

There are no upfront fees to pay.

All fees and charges that you have to pay to take out a loan will be fully detailed to you before you make any decision to go ahead.

If you have any questions at this point just call our friendly team who will be happy to help you understand what fees may be charged.

By Adam Brand.

Operations Director

At Secured Loan Expert, we specialise in helping people obtain secured loans based on the equity in their homes. These loans can be used for just about anything, including debt consolidation. By consolidating high-interest debt into a single, low-cost secured loan, consumers can lower their monthly payments and reduce the strain on family finances.

We can help you find the best deal on secured consolidation loans through our whole of market lender comparison tables and expert free advice along with a comprehensive library of helpful information. Our goal is to make sure each of our visitors obtains enough unbiased and informative information to enable them to make an informed decision when it comes to choosing the best loan offer to suit their individual circumstances. As experts in secured loans, we want to help you make the most of the equity in your home for debt consolidation, or any other purpose you have in mind.

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Understanding Debt Consolidation

The idea behind using a secured loan for debt consolidation is one of taking advantage of the benefits of a low rate secured loan to pay off unsecured debt that might be costing too much money. So to start with, what is the difference between a secured and unsecured loan?

An unsecured loan is one that is made by a bank or building society based solely on your promise to repay. Personal loans and credit card accounts are two good examples of this type of financing. A secured loan is demonstrably different. Instead of relying only on your promises, the lender making the loan requires you to offer tangible property – usually your home – as collateral. They are then able to repossess and sell your home should you fail to make your payments as agreed.

As you can see, there is some risk involved with secured debt consolidation when you use your home as collateral. You could end up losing your home if you cannot afford to make your payments. It is important for you to work out your monthly budget to ensure you can afford loan payments before you take on any kind of secured loan.

Benefits of Consolidation

The benefits of consolidating your unsecured debt into a single, secured loan are numerous. First, you will have one monthly payment to deal with instead of multiple payments. This benefit alone makes managing your monthly budget easier. Second, your monthly payment on a secured loan is likely going to be less than the combined payments you are currently making.

A third benefit – lower interest rates – depends on your equity and your credit rating. You should be able to get a low enough rate to make borrowing beneficial. However, if you can’t get a good rate of interest then using a secured loan for debt consolidation may not be the best option for your needs. If you have bad credit, it is essential to run the numbers before applying for a secured loan.

The fourth benefit of consolidating your debt with a secured loan is that it allows you to take advantage of the equity in your home. You already know that your home is probably the single largest investment you will ever make. So rather than allowing it to be a constant drain on your finances, you might just as well put it to use to improve them.

A simple, affordable secured loan makes it possible to combine all of your high-interest debt into a more affordable loan with lower monthly payments. Secured Loan Expert recommend this kind of financing for homeowners with established equity. Let us help you find the right loan for your circumstances by taking advantage of our expert help and free advice.

Many homeowners with expensive high interest debts find that using the equity locked in their homes as security for low cost secured consolidation loans is an ideal solution to improve their financial situation. When combined with a budget and disciplined spending habits, secured consolidation loans can be a game changer that positively affects both your short and long-term financial outlooks.

If you would like some free professional advice just call our friendly team of secured loan experts today. We can help you get the loan you need at the lowest possible cost and with the minimum of fuss.

Call Us For FREE Expert Advice and the Latest Rates.

We source the best rates from the whole market

  • Borrow up to £2,500,000 Depending on the Equity in Your House.
  • Adjustable Repayment Terms from 3 to 30 years.
  • Secured Loans Can Be Used for Almost any Purpose.
  • Low Interest Rates.
  • Rapid Approval - Low Arrangement Fees.
  • Options for Homeowners with Bad Credit History.
We Will Find You the Best Secured Loan to Suit Your Individual Needs.

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