Secured Loans in Loughborough

If you are looking for independent broker advice to arrange a secured loan in Loughborough then we can help.

Loughborough Secured Loans Explained

A secured loan, also known as a second mortgage or homeowner loan, is a type of loan where the borrower uses their home as collateral. This means that the lender has a "second charge" on the property, behind the primary mortgage, in the event that the borrower is unable to repay the loan. Because the loan is secured against the property, interest rates on these loans tend to be lower than those on unsecured loans. This makes them a popular option for homeowners looking to borrow money at a lower cost.

Secured lending can be used for a variety of purposes, one of which is debt consolidation. Debt consolidation is the process of combining multiple high-interest debts, such as credit card balances or personal loans, into one single loan with a lower interest rate. By consolidating their debts into a single secured loan, homeowners can save money on interest and simplify their monthly payments.

Keep in mind, however, that when taking a secured loan, a homeowner is putting their property at risk in case of non-repayment. It is important to consider all options and seek professional advice before making any decision.

Did you know there were 2,614 property transactions in Loughborough during 2022 with an average sale price of £297,884. Read More >

Secured Loan Uses

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.

Applying for a Secured Loan

Secured loans often can be arranged without any impact on the first charge mortgage, ideal if you are happy with your current arrangement.

Whole of Market

As a broker we help our clients in Loughborough find the most appropriate deal from the market no matter the circumstance.

Key Points

  • Borrow from £10,000
  • Quote in under 24 hours
  • Money as quick as 10 days

Get Expert Advice

If you are looking to get a quick decision on a secured loan in Loughborough, either leave your details on our contact page and we will get straight back...

Get In Touch, Take The Next Step

...or call our trained secured team on...

0141 280 3366

Loughborough Quick Facts

Based on 1,380 registered sales in 2022, the median house price in Loughborough is £247,250 and the average price is £287,978.

In Loughborough the median house price of £247,250 during 2022 is a 7.5% increase on the 2021 median price of £230,000. The 2022 median price is a 54.53% increase on the median price 10 years ago in 2013 of £160,000.

In Loughborough during 2022 there have been 1,380 sales, including 387 terraced houses, 414 detached houses, 410 semi detached houses, 121 flats/maisonettes and 48 other properties.

Loughborough Previous Month Prices

Average monthly housing prices in Loughborough over the past year. The most recent months may not presently include all recorded sales.

Sample Sales Average Change Median Change
Nov 2022 17 £292,441 -11.2% £250,000 -10.7%
Oct 2022 94 £329,260 7% £279,975 -1.8%
Sept 2022 99 £307,810 -0% £285,000 10.5%
Aug 2022 132 £307,857 11.8% £258,000 5.3%
Jul 2022 139 £275,310 -9.2% £245,000 0%
Jun 2022 131 £303,281 0.6% £245,000 -2%
May 2022 136 £301,596 9.9% £250,000 -2.9%
Apr 2022 166 £274,413 1.5% £257,500 12%
Mar 2022 163 £270,352 2.7% £230,000 0%
Feb 2022 129 £263,133 -2.4% £230,000 -3.6%
Jan 2022 126 £269,644 1.1% £238,475 -0.6%
Dec 2021 164 £266,714 8.9% £239,975 7.5%
Nov 2021 148 £244,968 7.7% £223,333 8.9%

Sample Sales Average Change Median Change
Nov 2022 3 £570,333 19.6% £540,000 25.9%
Oct 2022 38 £476,763 16.7% £429,000 25.6%
Sept 2022 36 £408,422 -7.3% £341,500 -17.7%
Aug 2022 51 £440,736 -0.8% £415,000 13.7%
Jul 2022 35 £444,286 -5.7% £365,000 2.1%
Jun 2022 36 £471,110 2.3% £357,500 -7.1%
May 2022 47 £460,583 19.3% £385,000 17.1%
Apr 2022 54 £386,148 -6.7% £328,750 -12.3%
Mar 2022 41 £413,950 0.2% £375,000 2.7%
Feb 2022 35 £413,300 5.5% £365,000 3.7%
Jan 2022 38 £391,878 3.8% £352,000 3.5%
Dec 2021 51 £377,626 0.2% £340,000 -0.6%
Nov 2021 39 £376,718 4.8% £342,000 5.1%

Sample Sales Average Change Median Change
Nov 2022 7 £236,429 -15.7% £227,500 -10.1%
Oct 2022 24 £280,331 0% £253,000 -6.3%
Sept 2022 33 £280,324 8.3% £270,000 8%
Aug 2022 35 £258,727 -1.2% £250,000 1%
Jul 2022 40 £261,916 4.4% £247,500 7.6%
Jun 2022 43 £250,913 -0% £230,000 -2.1%
May 2022 40 £251,018 -3.3% £235,000 -7.8%
Apr 2022 43 £259,665 -3.3% £255,000 9.4%
Mar 2022 55 £268,615 15.2% £233,000 -1.4%
Feb 2022 49 £233,199 -2% £236,300 5%
Jan 2022 41 £237,851 3.4% £225,000 -2.2%
Dec 2021 58 £230,059 -4.7% £230,000 1.8%
Nov 2021 41 £241,366 9.5% £226,000 4.1%

Sample Sales Average Change Median Change
Nov 2022 6 £225,083 6.6% £194,250 -9.1%
Oct 2022 23 £211,087 -9% £213,750 -1%
Sept 2022 26 £231,981 9.9% £216,000 8%
Aug 2022 37 £211,099 0.4% £200,000 -4.8%
Jul 2022 51 £210,361 -21.1% £210,000 -5.4%
Jun 2022 35 £266,718 28% £222,000 10.2%
May 2022 36 £208,372 -2.8% £201,500 -0.1%
Apr 2022 54 £214,405 9.1% £201,750 7.5%
Mar 2022 49 £196,483 4.1% £187,750 -2.7%
Feb 2022 33 £188,818 -14.2% £193,000 -10.2%
Jan 2022 37 £220,161 0% £215,000 13.8%
Dec 2021 45 £220,084 8.1% £189,000 -1%
Nov 2021 38 £203,636 9.3% £191,000 11.7%

Sample Sales Average Change Median Change
Nov 2022 1 £255,000 83.5% £255,000 99.2%
Oct 2022 9 £138,939 13.9% £128,000 2.7%
Sept 2022 4 £121,950 -15.1% £124,650 -12.5%
Aug 2022 9 £143,722 23.5% £142,500 14%
Jul 2022 13 £116,387 -25.2% £125,000 -5.3%
Jun 2022 17 £155,615 10.7% £132,000 4.7%
May 2022 13 £140,585 7.8% £126,100 0.9%
Apr 2022 15 £130,467 -12.8% £125,000 -7.4%
Mar 2022 18 £149,669 -1.4% £135,000 -4.8%
Feb 2022 12 £151,750 28% £141,750 24.3%
Jan 2022 10 £118,595 -4% £114,000 -12.8%
Dec 2021 10 £123,500 -5.7% £130,750 10.6%
Nov 2021 30 £130,970 7.7% £118,200 -0.5%

Loughborough House Price Information

For more information on house prices in Loughborough, go to our dedicated Loughborough house price page for charts and postcode sector comparisons.

Loughborough House Price Data

Search For Your Postcode

Looking to find historic sales where you live? Use our search facility to find any one of over 1.4 million postcodes.

Find Location

We compile market data on all English and Welsh regions, local authorities, towns, cities, postcode sectors and postcodes.


Search on Postcode...


Or browse from region...

Loughborough Yearly Price Changes

Year on year percentage changes in Loughborough.

Loughborough 2022 Price Distribution

Our Data

Contains HM Land Registry data © Crown copyright and database right 2023. This data is licensed under the Open Government Licence v3.0.