Mortgage Loans UK and Secured Loans UK
If this is the first page of this site that you have landed on then we assume that you have been searching on the term "mortgage loans uk and secured loans uk" or something similar to that. By looking for mortgage loans uk and secured loans uk, you must be looking for a home secured loan in the UK from a UK insurance company or a mortgage loan from a UK insurance company. So you would like a mortgage loan or a secured loan from a home secured loan company in the UK. Our home secured loans are for homeowners only, if you are not a homeowner, then a secured loan is not for you. However as an alternative to a secured loan, we can offer an unsecured loan:click here for information about an unsecured loan.
our secured loan and other types of loan explained
Personal Loans are categorised by types from secured, unsecured, tenant or bad credit loans. A brief explanation of these Personal Loans can be found below.
Secured Personal Loans:
A loan secured on property which being less risky to the lender generally command lower rates of interest then unsecured loans. In the event of default secured creditor rank before unsecured creditors for any assets or property secured on the loan.
Unsecured Personal Loans:
Unsecured personal loans are riskier to the lender and require higher interest rates to compensate the lender for this. In the event of a borrower going bankrupt unsecured creditors normally rank below secured creditors for any available assets hence the higher rates.
Bad Credit Personal Loans:
Bad credit personal loans are available for those with a poor credit history, little or no credit history, self employed, defaults, arrears or ccj's. Usually offered to homeowners as a secured loan.
Tenant Personal Loans:
Essentially loans for non homeowners who do not own property. Rates are usually higher and applications require more detailed information.