What is a secured loan?

1 December 2008
A secured loan is a loan that is secured against something valuable - in most cases, a house or flat. This means there`s less risk for the lender, and that means secured loans tend to come with lower interest rates than unsecured loans. It also means lenders are likely to lend people greater amounts than they would if the loan wasn`t secured.... read more »

Lenders `must make money available to potential house buyers`

7 January 2009
If the property market is to recover, lenders must make money available to potential homebuyers in the form of mortgages, it has been suggested.... read more »

What is an unsecured loan?

13 January 2009
An unsecured loan is a loan that isn’t secured against something valuable (like a house or flat). So, from the lender’s perspective, it’s riskier than a secured loan. That means they’ll probably charge more interest than they would for a secured loan, and they’re more likely to restrict the maximum loan amount.... read more »

Secured loans & the base rate cuts

19 January 2009
Why aren`t secured loans coming down in price? As the Bank of England cuts its base rate again and again, many would-be borrowers are asking why lenders aren`t passing these cuts on to borrowers in the form of cheaper - and more readily available - secured loans.... read more »

Why can`t tenants get secured loans?

15 October 2008
Secured loans, in general, come with lower interest rates than unsecured loans. In other words, lenders will charge less to loan the same amount of money for the same amount of time. However, secured loans are not available to everyone - and the reason for that is in the name...... read more »

Are secured loans for homeowners still available?

11 May 2009
In a word: yes. Secured loans are still very much available for homeowners - but that doesn`t mean every homeowner will be able to find one. If you`re looking for a secured loan, start by asking yourself these three questions...... read more »

Secured loans `down 76% on last year`

15 June 2009
New figures have shown a significant fall in lending to consumers over the past year, as the credit crunch has continued to restrict the availability of loans.... read more »

Secured and unsecured loans: what’s the difference?

3 July 2008

A loan can be a big financial commitment. By taking one out, you will be required to give up a portion of your salary every month until the loan is paid off, and failing to do so could result in serious consequences.

There are two main types of loan: secured and unsecured. Each have their advantages and disadvantages, depending on a) your financial health and b) how much you want to borrow.

Loans to individuals increase

29 September 2009
The net value of lending to individuals increased in August, according to the latest lending figures from the Bank of England, released this morning.... read more »

Secured debt consolidation vs. unsecured

16 October 2009
For some people, a debt consolidation loan can be a highly effective way of making their debt more manageable and reducing their monthly outgoings.... read more »

FLA: secured loans down by almost half

23 December 2009
New figures for October from the Finance and Leasing Association (FLA) have shown a 49% decrease in the number of secured loans provided by FLA members, compared with the same month last year.... read more »

Net loans to individuals up in November

11 January 2010
The latest figures from the Bank of England show an overall increase in loans to individuals (from home loans to personal loans and other forms of credit) in November 2009.... read more »

Bank lending continues to rise

11 January 2010
The lending figures for November from the Bank of England have shown an increase in net lending.... read more »

Secured Loans & the Special Liquidity Scheme

23 September 2008
Credit, from mortgages and secured loans to unsecured loans and credit cards, has become, in general, harder to obtain and more expensive since the credit crunch began.... read more »