Secured Loan

If you are a homeowner with available equity in your property then obtaining secured loans to match your finance requirements can offer a relatively quick and straight forward process. Secured loans may be arranged on highly competitive rates of interest on the understanding that you are prepared to offer your property to the lender as security for the loan advance. The interest rates available on secured loans tend to be highly attractive when compared to unsecured loans as by their very nature; the lender will then have an interest over your property.

Secured loans are arranged by way of a legal charge, usually following that of your first mortgage. On completion of your loan application, this legal charge will then be registered against your name and property with the Land Registry Department. Secured loans may also be referred to as 'second charge' loans as they will usually follow second in line to your original mortgage lender. It is possible to arrange a third charge loan to be secured after a secondary secured loan however this is very uncommon and few lenders will be prepared to do this unless you are redeeming the previous secured loan - in which case it would then no longer be a third charge loan.

The accessibility of secured loans make them a truly viable option to many UK homeowners looking for a quick solution to their finance requirements.

There are secured loans to match the needs & circumstances of many different types of borrowers, from those with an unblemished credit history, to those with mortgage arrears, CCJs, IVAs and defaults.

There are secured loans available from £5,000 to £100,000 for almost any purpose; whether you are looking to carry out home improvements, consolidate existing debts, purchase a new car, or simply take the family on a well deserved holiday.

The term of the loan is flexible too! Monthly payments can be spread out over 5 years up to 30 years. Be aware however that the longer the term over which you spread the repayments, the more interest that you will have to pay out over the term of the loan.

There are many instances when taking out secured loans becomes a more financially viable option to simply remortgaging. For example, if you are tied in with your mortgage and face a hefty early repayment charge, then taking out a secured loan for your finance needs in this case, could work for you! The set up costs associated with secured lending tend to be a great deal lower too!

The term ‘secured loan’ simply means that the secured loan lender will have security (your property) for the money that it lends to you. The fact that the lender will have this security also means that the interest rates for a secured loan could work out to be lower than on comparable unsecured loans.

To find out if you qualify for a secured loan, simply complete the short enquiry form - Any Loans promise to consider every type of application from every type of borrower. Your enquiry will be dealt with by a friendly and experienced member of staff - At Any Loans they put their customers first so that they can provide a top quality service that you would be happy to recommend to a friend.

AXA Views Less As More
AXA bought a majority stake in a South Korean auto insurer, as it focuses on small deals designed to boost sales.
Publ.Date : Thu, 15 Mar 2007 22:48:00 EDT

Simply capital with HSBC
HSBC has announced the latest tranche of its Guaranteed Capital Account - new investors under the upcoming deal being able to enjoy rates tracking Bank of England Base Rate plus up to 1.5%, for the term of their investment - top end rates currently equivalent to 6.75% gross (6.96% AER).
Publ.Date : 22 Feb 2007

Your Health Plus probe 'uncovers fraud'
Policyholders with insurer Your Health Plus face an uncertain future after its collapse

Seaside dreams in Wales
Looking for an affordable seaside property, forget overseas property, or even costly Cornwall, and head for western Wales instead

Veterans must hunt for car cover
Like many people over 70 Robert Barltrop found that many insurers were not that keen to take him on

Cisco Ups Ante in War with Microsoft
In an escalating arms race for control over the unified communications market, Cisco's acquisition of WebEx is its largest yet
Publ.Date : Fri, 16 Mar 2007 07:46:00 EDT

Still stuck in a "zombie" fund?
As the with-profits bonus season draws to a close millions of investors have once again been reminded that this type of investment is fundamentally flawed....
Publ.Date : Fri, 23 Feb 2007 20:27:23 +0000

Spring is coming, and so are home improvements - the knocking of the first hammer into a thumb is due shortly!
Should you be considering home improvements? And if you decide to go ahead, how will you finance them? The obvious answer is to consider a personal loan - and there are plenty of good deals on the market - but since the improvements are intricately tied up with the value of your home, you might find a better deal by remortgaging.
Publ.Date : 12 Mar 2007

Spring interest rate rise likely
LONDON (Reuters) - Strong business investment should keep economic growth steady this year while inflation risks will likely mean rates will have to rise once more this year, probably in April or May, a Reuters poll shows.
Publ.Date : Thu, 15 Mar 2007 12:19:33 GMT

What you're charged overseas
Banks are earning hundreds of millions by charging you for withdrawing your own money overseas. See how much you're being charged