How much can I borrow with a secured loan?

You can typically borrow between £3,000 and £5,000,000 secured against your property, depending on the equity available and your circumstances. Specialist lenders can consider larger amounts.

Do I need good credit to get a secured loan?

No — secured loans are available to homeowners with all credit profiles, including those with missed payments, defaults, CCJs or IVAs. The security of your property means lenders can be more flexible than with unsecured lending.

What is the difference between a secured loan and remortgaging?

A secured loan (also called a second charge mortgage or homeowner loan) sits alongside your existing mortgage rather than replacing it. It can be a better option if you have a great rate on your current mortgage you don't want to lose, or if you're in a fixed term with early repayment charges.

How long does a secured loan take to complete?

Secured loans typically complete in 4–8 weeks. We manage the whole process for you, from application through to funds in your account.

Can I use a secured loan for debt consolidation?

Yes — consolidating high-interest credit cards, personal loans and other debts into a single secured loan is one of the most common reasons homeowners take out a second charge mortgage. It can significantly reduce your total monthly payments.

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Second charge mortgage specialists

Release equity from your home

Name: Loan Wales
Address: 89 Cardiff Road, Cardiff, Wales, CF15 7PL, GB
Price range: Free advice

Borrow £3,000–£5,000,000 secured against your property for home improvements, debt consolidation, or any major purchase. All credit profiles considered — your existing mortgage stays in place.

How much do you want to borrow?

Between £3,000 and £5,000,000

No credit impact · No obligation · Call within 1 working day

£5m+

Maximum loan size

30+

Specialist lenders

100%

Credit profiles considered

Rate shock solution

Fixed rate ending? Your payments could jump £400+ a month

When your mortgage deal expires you roll onto a much higher rate — and if you also carry credit cards, personal loans or car finance, the combined monthly cost can suddenly become unmanageable. A secured loan lets you consolidate all those debts at a lower single payment, so the rise in your mortgage is absorbed rather than breaking the budget.

Check if it works for you — free Affordability Planner →

Free to use · No credit check · Results in 60 seconds

£400+

Avg. monthly increase on a £200k mortgage

1.6m+

UK households facing payment shock

How it works

Tell us what you need

Share your property details, how much you need, and what it's for. We'll also ask a few questions about your mortgage and credit history.

We match you with lenders

Our advisers search 30+ specialist secured loan lenders to find the most competitive rate and terms for your circumstances.

Funds in your account

Once approved, a solicitor confirms the charge on your property and funds are released — typically within 4–8 weeks.

What is a second charge mortgage?

A second charge mortgage lets you unlock the equity in your home — without touching your existing mortgage deal.

Whether rates have risen and remortgaging doesn't make sense, or you simply need funds fast, a second charge could be the smarter move. Here's when homeowners use them:

Declined for a further advance? — Your existing lender said no, but that doesn't mean the market will. A second charge opens up a whole new panel of lenders

Home improvements — Extensions, loft conversions, new kitchens. Add value while keeping your current rate

Debt consolidation — Roll high-interest credit cards and loans into one manageable monthly payment

Buying a second property — Raise a deposit without selling or remortgaging

School or university fees — Plan ahead with a lump sum at a rate that beats personal loans

Business investment — Self-employed or a sole trader needing capital without disrupting cash flow

Tax bills — HMRC deadlines don't wait; a second charge can buy you breathing room

Divorce settlement — Release equity to settle a financial split without forcing a sale

Vehicle or motorhome purchase — Finance a big-ticket buy at secured loan rates

Coming off a long fixed rate? — If your deal's ending and rates have jumped, a second charge can consolidate your other debts to absorb the payment shock — without touching your mortgage

Borrow from £10,000 to £5,000,000No hard credit check at this stageYour existing mortgage rate stays untouchedFCA-authorised credit broker30+ years helping homeowners

Debt consolidation

Switch credit cards, loans and overdrafts to:

Lower rates
Longer repayment terms
1 affordable monthly payment

£800

less per month*

typical saving

Explore →

* Based on typical cases. Actual savings depend on your circumstances.

Common questions

Helpful guides

Guide · 8 min

Secured loans explained

Complete homeowner-loan reference: how they work, what they cost, when they make sense.

Guide · 8 min

How much can I borrow?

Worked examples for £200k, £300k and £500k properties — find your real number.

Guide · 9 min

Secured loans for bad credit

CCJs, defaults, IVAs, post-bankruptcy — what specialist lenders actually accept.

Guide · 6 min

Remortgage vs secured loan

When each option wins on cost, timeline, and circumstance.

Secured loans by area

Local pages covering typical property values, equity and lender appetite in each part of Wales.

Ready to release your equity?

Speak to a secured loan specialist — free advice, no obligation.

Get my options →