Complete our enquiry form and we will locate a cheap secured loan for you.

BEST LOAN

We will save you time by checking over 500 plans to find the best loan for you at no cost to you.

CHEAP LOAN

You could save money by clearing your outstanding loans, credit card and store card balances with a cheap consolidation loan.

POOR CREDIT RECORD

If you’ve had difficulty in obtaining a loan because of problems with your credit why not give us a chance to obtain one for you.

FAST LOAN

Complete our short loan application form for a fast decision on a cheap secured loan.

Loans of £10,000 to £250,000

Cheap secured loans for almost any purpose

CONFIDENTIAL ENQUIRY

We can contact you at a time that suits you to discuss your loan enquiry in confidence.

ANY PURPOSE LOAN

You can use your loan for almost any purpose. The most popular request is to clear other credit.

SELF EMPLOYED, NO ACCOUNTS

We have competitive loan plans available for self employed applicants even if they are unable to prove their income.

EASY REPAYMENT TERMS

Loans arranged through us can be repaid over any period from 3 years to 25 years.


	Cheap Loan Enquiry Form

Loan £:
Purpose:

APPLICANT INFO

Title:

First Name:

Last Name:

Date Of Birth:

Marital Status:

Employment Status:

Time in Job (Yrs):

Your Annual Income :

PROPERTY INFO

Address Line 1:

Address Line 2:

Town/City:

Postcode:

How Long at Address:

Property Price:

Mortgage Outstanding:

Cost/Month:

Any Arrears on Mortgage:

Current Value of Property:

Property Type :

CONTACT INFO

Home No:

Mobile No:

Email Address:

Best Time to Callback:

BANK INFO

Name of Bank:

Time With Bank:

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Secured loans - a quick explanation

A secured loan is any loan that requires the borrower to provide the lender with some form of security. The security for secured loans is the borrower’s property. Loans secured against a property that is already mortgaged are known as second charges, whereas loans secured against a property that is owned outright with no existing mortgage in place are known as first charges. At secured loan cheap we deal in second charge loans.

Secured homeowner loans are available for different amounts and for many different purposes, including consolidation of debt. The amount available usually ranges from £10,000 to £100,000, although some lenders will consider lending up to £250,000. The amount borrowed is repaid monthly over a term agreed at the start, which will usually be between five years and twenty five years. You may be charged a penalty if you repay your loan early, and you should check each lender’s individual policy with regards to early settlement.

Lenders charge interest on the amount you borrow, which is referred to as the Annual Percentage Rate (A.P.R.). The amount you can borrow, the term available and the A.P.R. will all depend upon the equity you have in your home (the value of your home less the mortgage outstanding on your home), the lender’s view of your ability to repay the loan and your personal circumstances, for example any adverse credit. Subject to your circumstances, you may be able to borrow up to 125% of the property value. The A.P.R. quoted by the lender will usually be a typical rate, which acts as a guide only as the exact rate offered will be on an individual basis.

Normally secured loans are easier to obtain than unsecured loans. This is because the lender has the added benefit of security, which provides protection in the event of a customer’s inability to repay. This also means that applicants who are self employed, have recently changed jobs or who have adverse credit can take out a loan. Secured loans are also useful for larger amounts or where the applicant requires a longer repayment period. Complete our quick enquiry form and find out what loans options are available for you.

Secured loan cheap is an internet division of Lothian Finance who are based in Edinburgh. Since 1994 they have helped homeowners obtain secured loans. When you submit an enquiry one of our friendly advisers will telephone you to discuss your choices at a convenient time.

Try our secured loan repayment calculator. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.