Secured Loans
Access Extra Money for Either Personal or Professional Needs
Service is always polite
Absolutely fantastic with services, really quick well done Dayle for your service always polite.
Mrs Fozia Anjum
Want to improve your home or raise extra funds while keeping your current mortgage in place?
A secured loan could help you borrow against your home while keeping your existing mortgage. Our team will take the time to understand your plans, finances and circumstances before exploring your options, with clear guidance throughout your application. You might want to fund home improvements, cover a major expense or bring existing debts together. Also known as a second charge mortgage, this is a separate loan with its own repayments. Consolidating debts over a longer term could increase the total interest you pay overall.
Which Secured Loan Suits You Best?
The right secured loan for your circumstances depends on how much you need to borrow, the equity in your home and what you can afford to repay. Our advisers can help you compare your options, explaining interest rates, fees and the overall cost before you decide. Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it.
Why Choose Us for Secured Loans?
A Personal Service
Our experienced and knowledge team provide a personal service with clear and friendly advice
Large Panel of Lenders
As we have access to a large panel of lenders, we can find the right loan to suit your circumstances, from £3,000 to £500,000.
Stress Free and Speedy
Our in-house team liaises with lenders on your behalf, with approved loans often transferred between 21 and 28 days.
No Obligation
Our advice comes with no obligation to take the loans available for you – so there’s no harm researching.
How we work
- We find the deals on a ‘no obligation’ basis – meaning there’s nothing for you to pay if you don’t like the deals we find.
- We trawl the market researching hundreds of possible lenders and packages, to find you the very best deal.
- We guide you through the entire process of buying your home or taking out a new mortgage or loan, from application to completion.
Not only have we helped over 31,000 customers,
but we also pride ourselves on our level of excellence
Clear and concise knowledge by all colleagues on the team. We were kept up to date and never had to chase up on anything.
Sally Bradbury
Very professional, everything was simply explained. Communication was extremely good.
Douglas Carr
Everything was well organised and smooth and no problems or niggles. The product range we weren't able to access elsewhere.
Rebecca Sanderson
Fast, reliable and consistent service. Great team who communicate effectively!
Liam Dunn
Despite having a poor credit rating Mortgage Key helped us find an excellent product with competitive rates. Well done to the team!
Justin Morris
Brilliant from start to finish really helpful and guided us in right direction will use again in the future.
Gavin Connellan
Prompt attention. Polite, informative and not pressurised in anyway. They have provided information all of the way and we’re extremely helpful.
Alison Fidoe
First class service.Would highly recommend anyone thinking of using them. 10/10 from me.
John Barber
Over 3000 excellent reviews
Want to know more?
Illustrative example for secured loans and second charge mortgages, If you borrow £20,000 over 10 years, with a £1,995 broker fee and a £595 lender fee added to the loan, your starting loan balance would be £22,590. Based on a fixed interest rate of 7.4% for the first five years, followed by the lender’s standard variable rate of 7.9% for the remaining five years, you would make 60 monthly payments of approximately £266.97. 60 monthly payments of approximately £270.15. The total amount repayable would be approximately £32,227.16. The variable rate could change, meaning your payments and total repayable could also change. We are a broker, not a lender. Loans are subject to status and lender approval.
Based on these assumptions, my indicative calculation is 10.9%, but I wouldn’t publish that as a representative APRC yet. The lender or compliance team should verify the regulatory APRC, payment dates and any other compulsory costs. Secured Loans have a minimum term of 36 months to a maximum term of 360 months. Maximum APRC charged 29%.