If you currently have a mortgage then a secured loan allows you to release the money you have already paid towards the property, or earned as it has increased in value.
Secured Loans can be used for any purpose from home improvements to funding for business purposes. With lower interest rates than credit cards and unsecured loans they are often used for debt consolidation.
Secured loans often can be arranged without any impact on the first charge mortgage, ideal if you are happy with your current arrangement.
As a broker we help our clients in find the most appropriate deal from the market no matter the circumstance.