If you need to release some of the equity in your home to pay for an extension, holiday or even to repay other debts, a secured loan may be the perfect answer.
Most people use a secured loan when they have a high redemption penalty on their current mortgage meaning that it would be too expensive to remortgage. A secured loan can be taken on either a repayment or Interest Only basis meaning the monthly repayments can be tailored to meet your budget.
The Mortgage Factory can help you find a secured loan, with all circumstances considered. Whatever your credit history The Mortgage Factory's advisers will help you find a loan with the lowest interest rate and the most preferential terms available to suit your individual needs and circumstances.
We have access to a number of suppliers of secured loans and have helped many customers with low credit ratings who have been turned down by other lenders.
Secured and unsecured loans are not regulated by the FSA.