MyFinances.co.uk
News feeds Free newsletter

All the latest personal finance news - helping you make the most of your money

Compare loans

Secured homeowner loans

Secured homeowner loans are loans specifically intended for homeowners. In contrast to an unsecured loan, secured loans do not require the borrower to repay the loan amount over as short term a term as possible with high monthly repayments.

Secured homeowner loans offer far greater flexibility in the amount you can borrow and your repayment schedule. Because there is less risk for the lender you can borrow more and spread your repayments over a longer period, making borrowing more affordable.

However it is important to remember that borrowers unable to keep up with repayments could result in your home being repossessed. Therefore, it is important to shop around and find the right deal for you and your situation. If you're looking for an affordable secured loan, fill in one simple form for competitive quotes for secured homeowner loans.

Loans news, features and guides 

  • Julia Dallimore of secured loan provider Picture Financial, writing for MyFinances, explains the ins and outs of secured loans - their risks, benefits, and suitability.

    Demystifying Secured Loans

    Julia Dallimore of secured loan provider Picture Financial, writing for MyFinances, explains the ins and outs of secured loans - their risks, benefits, and suitability.More...

What type of loan are you looking for? 


Disclaimer:
myfinances.co.uk is not authorised to give advice under the Financial Services and Markets Act 2000.

Terms:
By using this site, you are deemed to have accepted our terms of use.

myfinances poll 

As a global banking crisis hits, we want to know how the crisis is affecting you. Is your money safe? Vote now and tell us your views.

Free stuff 

Sign up for our free daily newsletter and other free stuff.