0116 464 5544

Bad Credit Secured Loans

bad credit secured homeowner loans

Accessing affordable loans with bad credit has traditionally been a challenge.  Most High Street lenders are unwilling to provide financial support for homeowners with bad credit, despite the fact that maintaining a flawless credit score is almost impossible. A frustrating situation, but by no means a brick wall.

Across the UK, a growing network of specialist lenders are providing accessible and affordable secured loans for poor credit applicants. Offering a dynamic range of services for clients in the real world, poor credit secured loans are now available for almost any purpose.

Just as long as you own your home, you’re almost guaranteed to be accepted – irrespective of your credit score!

Affordable Homeowner Loans with Bad Credit

It’s not uncommon for today’s well-meaning consumer to occasionally miss or fall behind on their payment obligations. Unfortunately, just a couple of blemishes on your credit report is enough to count you out of the running with major High Street lenders.

But this is also where the UK’s new generation of specialist lenders demonstrate their dynamism. If you own your own home, bad credit secured loans can be provided using your property as collateral. Even if you’ve been turned down for homeowner loans for bad credit elsewhere, this won’t necessarily affect your eligibility.

For more information or to get started on your application today, contact a member of the team at UK Property Finance!

Uses of Homeowner Loans for Poor Credit

The most flexible secured loans for bad credit on the market can be used for almost any purpose. Whether it’s funding essential home improvements or alterations, consolidating debts, buying a new car or simply covering the costs of a much-needed holiday, our network of specialist UK lenders is standing by to help.

A homeowner loan can be particularly useful for consolidating existing debts into one much more manageable monthly payment at a lower rate of interest. If you’re currently juggling multiple credit cards, personal loans, hire-purchase agreements and so on, call to discuss our secured loans with bad credit today.

How Do Poor Credit Homeowner Loans Work?

A poor credit homeowner loan is secured against your property for the duration of the loan. The type of property and its value will determine how much you can borrow, with no specific upper limits imposed. Just as long as the value of your property covers the total cost of the loan you need, you’re almost guaranteed to be accepted.

No credit checks are necessary and you will not need to provide proof of income. Formal confirmation of your property’s value may be required, but your financial history will not be examined. All of which makes bad credit homeowner loans the ideal choice for anyone looking to raise funds with an imperfect credit score.

Best of all, secured loans are typically much easier and faster to organise than conventional unsecured loans. So if you need you money in a hurry, we’ve got you covered!

For more information or to discuss our bad credit homeowner loans in more detail, contact the team at UK Property Finance today!

Last Updated: Feb 18, 2019 @ 2:37 pm

UK Property Finance is Authorised by The Financial Conduct Authority (FCA)

Association of Bridging Professionals
Facebook Twitter LinkedIn