Need a Fast Home Loan? 10K-2.5M at Guaranteed Lowest Rates

Melinda (Milli) Haine Melinda (Milli) Haine | Loan Underwriter

Cash. It is something you never seem to have enough of when you need it most. Maybe your car breaks down and needs several thousand pounds in repairs to get it back on the road. On the other hand, perhaps your boiler finally dies after 15 years of faithful service. Maybe you have the opportunity to invest in a start-up business that could secure your retirement. At any rate, you can get the cash you need with a fast home loan secured against your property.

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Secured loans are made available by dozens of lenders around the country. They offer you the opportunity to borrow large sums of money based on the equity in your property. Moreover, because your home acts as security, lenders are less worried about the risk of default as compared to unsecured personal loans, credit cards, and the like. A secured loan is a win-win for both borrower and lender.

The beauty of a secured loan is that you are not limited in terms of what you can spend the money on. That's not true with a car loan or a mortgage. Targeted loans can only be used for specific purposes while a secured loan can be used for anything. Whether you want to renovate your house or purchase some valuable collectibles, a secured home loan is the way to go.

What to Look For

A quick Internet search reveals there are many lenders offering loan products. Many of them offer fast home loans that UK consumers can use to obtain the cash they need in under 24 hours. However, as with anything else, not all secured loans are the same. Some are better than others are. As the borrower, it is your job to figure out which loan offer is the best deal for you. Here's what you need to look for:

  • Borrowing Costs ?? Every loan includes costs associated with establishing and administering it. Do not be afraid to ask lenders what their known costs are, including any extra fees for instant delivery of your cash. Borrowing costs can add up to a substantial amount over time.
  • Representative APRs ?? Representative APRs are a combination of known borrowing costs and standard interest rates. Nonetheless, just because a lender advertises an attractive representative APR does not mean you will qualify for that rate. Just keep that in mind when applying for a loan.
  • Loan Terms ?? Every loan offer will include an agreed amount of time you have to repay the money. This is known as the loan term. You will want to get a loan term that fits in with your monthly budget, but remember, a longer term means you will pay more over the life of the loan.
  • Maximum Loan Amounts ?? Banks use a combination of loan-to-value (LTV) ratio and equity to determine how much a borrower can borrow. You can narrow down the list of potential lenders by paying attention to their LTV numbers and maximum borrowing amounts. Both will tell you whether you will be able to borrow what you're looking for or not.

Putting Your Home to Work

If you need long-term financing for any purpose, you might as well put your home to work for you. You have already spent considerable time and money acquiring and maintaining your property; why not use it to improve your financial situation through a fast, low-cost home loan that you can use for nearly any purpose?

A home loan secured against the equity in your property allows you to fund other things without having to pay excessively high interest rates or other borrowing costs. Moreover, in most cases, you can get very favourable terms as well. Secured Loan Expert believes that this type of financing is one of the best funding options available to consumers today. We encourage you to use your home to get the cash you need quickly and cost-effectively.

If you would like help to get the cash you need just call of friendly team of expert secured loan advisers who will be happy to score the whole of the market to find you the best loan deals to suit your individual needs. They have the tools at their fingertips and the knowledge and experience to quickly compare what??s on offer from the best lenders across the UK and match the loan criteria with your requirements.

Once they find a deal that you are happy with they will ensure you are made aware of all the costs of taking out the loan before you make any commitment and ensure that the application they make on your behalf shows your case in the best possible light.

Instantly compare 950+ of the UK's best secured loans

Rates from as low as 3.75%