A UK secured loan is a loan that requires you to provide some form of security. The amount you will be allowed to borrow will depend on a number of factors; including credit history, credit rating, employment status and income. Homes and vehicles are often used as security when people apply for loans (homeowner loans and car loans).

However, you should always remember that you risk losing your home or vehicle if repayments are not kept up. As such, it is important to find a loan with a repayment schedule that best suits your needs. Secured loans in the UK are usually easier to obtain than unsecured loans, especially if you have poor credit history.

Debt consolidation is another reason why many people choose to obtain loans. One loan can be used to finance the repayment of a number of loans thereby making the debts and repayments more manageable and secure. If Your a homeowner and you are in need of a loan for any purpose look through our list of homeowner loan providers to find one suitable for you.