Secured loans for homeowners
Your biggest ideas deserve the chance to become a reality.
- A secured homeowner loan is a type of borrowing that allows you to use your owned property as collateral.
- Borrow from £5,000 to £500,000 through our Secured Loan Broker partner, subject to status.
- Repayable over 1 to 35 years.
Your biggest ideas deserve the chance to come to life.
If you’re a homeowner, a secured loan could offer several benefits.
Borrow more
Depending on your circumstances and eligibility criteria, secured loans typically allow you to borrow more, which can be beneficial for significant expenses.
Flexibility
You can use secured loans for various reasons, including debt consolidation and home improvements.
Longer repayment terms
These loans can be repaid over a term of up to 35 years, providing financial flexibility.
Credit score
On-time loan repayments could help your credit score.
This eligibility check will not affect your credit score.
A secured loan is a loan secured against your property, that lets you borrow a fixed amount and then pay it back in monthly instalments over the term. Because the loan is secured against your home, this can sometimes mean a secured loan can offer lower interest rates than an unsecured loan.
It’s vitally important to consider your ability to repay the loan before making a full application.
YOUR HOME IS AT RISK IF YOU DO NOT KEEP UP WITH REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
- Ease: A quick and easy online eligibility check that doesn’t harm your credit score.
- Clarity: You’ll know exactly how much you will be repaying. and when.
- Trust: We work with a panel of lenders to offer loan comparisons you can trust.
- Assurance: We’re part of the Secure Trust Bank PLC Group of companies which has been around for over 70 years.
Why V12?
In safe hands
- Trust us to help you check if you are eligible for a personal loan.
- We’re part of Secure Trust Bank PLC. An award winning retail bank, providing savings accounts and lending services to over 1 million customers.
- We only work with a select and trusted panel of lenders.
Be assured
- Quick and easy online eligibility check with no harm to your credit score.
- Speak with our partner's qualified advisers to discuss your exact needs and requirements.
- Loans tailored to your specific circumstances.
You’re in control
- No obligation to proceed.
- You will be told exactly how much you'll repay and when before you commit to a loan.
- Fixed and variable rates available.
Representative APRC 11.3%
It's important to carefully consider the type of loan that best suits your needs as well as a term and amount that is suitable and affordable.
If you borrow £30,000 over 96 months (8 years) at a rate of 7.2% fixed for 60 months (5 years), you will pay 60 instalments of £465.50 per month followed by 36 months (3 years) at a rate of 8.4% of £473.80 and a total amount payable of £44,986.80. This includes a broker fee of £3,300, a lender fee of £595 and the net loan interest of £11,186.68. Minimum loan term is 12 months.
V12 Personal Finance is a credit broker, not a lender. V12 Personal Finance introduces you to a limited range of brokers or lenders who may offer you a loan. V12 Personal Finance does not work with the whole of the lending market, meaning other loans may be available to you elsewhere.
V12 Personal Finance does not give you any recommendation or advice. V12 Personal Finance acts for itself and is not impartial. It does not act for you or for the lenders or brokers it works with.
V12 Personal Finance receives a fixed or percentage commission payment from the lender or broker if you take out a loan. The commission it receives varies depending on the product and loan amount. Loan offers (if available) are shown in this order: unsecured loans followed by secured loans, ranked by the closest matched loan amount, term and lowest APR respectively. Before completing your application, you will be shown the commission arrangement between V12 Personal Finance and the lender or broker you have selected.
Credit is subject to status. You must be UK resident aged 18 and over, with a regular provable income. If you are a homeowner, V12 Personal Finance may provide you with details of loans secured against your home. Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
To make things easier, we'll share the information (including your personal details) that you confirm and provided during this eligibility check with our panel of lenders or brokers. We do this so that they can provide you with a quote for the loan you have requested and to save you from having to tell them again. Details of our panel can be found here.
You can read more about how we use your personal data in our privacy statement.