Secured Loans

Secured loans have become very popular in a period of low interest rates. Westexe Mortgages have access to all the secured loan lenders, and can help you get a secured loan. We also offer free, no-obligation advice. Learn more about how we can help.

Getting a secured loan with Westexe Mortgages

What is a secured loan?

A secured loan, or a “homeowner loan”, lets you borrow an amount of money using your property as security.

Why use a secured loan

Many people who already have a low fixed rate or low tracker rate on their mortgage obviously are reluctant to lose it. One of the best options is to keep the mortgage with the good rate, and take out further borrowing using a secured loan.

Secured loans are not expensive, with rates starting from as low as 3.75%. See the latest rates available through Westexe Mortgages.

Loans can be used for any legal purpose, with repayments spread over a period of time to keep the monthly cost down.

Some of the reasons people prefer a secured loan are:

  • Debt consolidation: a secured loan will reduce the overall monthly cost and sometimes save hundreds of pounds a month
  • As a deposit to purchase another property, home or abroad
  • Home extensions and home improvements
  • Your own or a child’s weddings
  • Children’s school fees
  • To purchase luxury goods
  • Business purposes
  • Pay the tax man
  • Any legal reason

All of the above is subject to affordability and status.

Free advice about a secured loan

Westexe Mortgages have access to all the secured loan lenders. We are here to help you choose if this is the correct and best option for you.

Contact us for free, no-obligation advice from the experts.

Call us 24/7 on 01392 216 344 or use our Quick Contact Form below:

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