Secured Loans

A secured loan is quite often referred to as a second charge mortgage because it is a loan secured against the available equity in a property. The security is usually in the form of a second charge mortgage against the property which means that it sits behind and does not affect the primary (first charge) mortgage.

Secured Loan Purposes

Secured loans can be made available for most legal purposes, including;
· Weddings
· School/university fees
· Car purchases
· holidays
· Settling tax bills
· Raising a deposit for property purchases
· Raising funds for business investment
· Home improvements
· Debt consolidation