Find a secured loan matched to your situation
Secured loans use your property as security and can offer lower rates and higher amounts. We work with lenders who consider post-debt solution applicants. Compare secured loan options and see if one could work for you.
Explore your secured loan options
Secured loans use your property as security and can offer lower rates and higher amounts. We work with lenders who consider post-debt solution applicants and assess affordability. Answer a few quick questions so we can help match you with secured loan options that could be right for you. Checking your options won't affect your credit score.
What can you use a secured loan for?
Homeowners sometimes use secured loans for things like improving their property, consolidating existing borrowing or funding one‑off costs. Secured loans are not right for everyone and you should think carefully about affordability over the full term before securing new or existing debts against your home.
Home improvements
For projects such as extensions, new kitchens or essential repairs, some homeowners use secured loans to spread the cost over a longer period.
Wedding or life events
A secured loan can sometimes be used to fund major life events, but it is important to weigh up the long-term cost before borrowing.
A new car
If a reliable vehicle is essential for work or family, a secured loan may be one way to finance a replacement alongside other options.
Debt consolidation
Some people use secured loans to bring existing borrowing into one place. This can reduce monthly payments but may increase the total amount repaid.
Your home may be repossessed if you do not keep up repayments on your mortgage.
A secured loan uses your property as security. Make sure you can comfortably afford the repayments over the full term before proceeding, and consider what would happen if your circumstances changed.
Key information
- Rates and terms vary by lender
- Personalised rate shown before you apply
- Subject to status and affordability
- Our broker service is free
- Third-party fees may apply (valuation, legal, arrangement)
- Early repayment charges may apply
How we work
- Credit broker, not a lender
- We introduce you to FCA-authorised lenders
- We may receive commission — this doesn't affect your cost
- No obligation to proceed
- Authorised and regulated by the FCA
- Free to seek independent advice
Late repayment can cause you serious money problems. For help, go to moneyhelper.org.uk
Secured loans — FAQs
Common questions about how secured loans work, when they may be suitable and the important risks to think about as a homeowner.
What is a secured loan and how does it work?
A secured loan is a type of borrowing that is secured against your property, usually your home. This means the lender takes a legal charge over your property alongside your existing mortgage or other borrowing. You make regular repayments over an agreed term and, if you do not keep up those repayments, the lender could ultimately take steps to recover the debt using your property.
Is my home at risk with a secured loan?
Yes. Because the loan is secured against your property, your home may be at risk if you do not keep up repayments. In the worst case this could mean repossession. It is important to think carefully about affordability over the whole term and to read the lender’s pre-contract information so you understand the risks and what could happen if your circumstances change.
Who might a secured loan be suitable for?
Secured loans can be one option for some homeowners who need to borrow larger amounts or over longer periods than an unsecured loan might allow. They are not right for everyone. Suitability depends on your income, existing debts, how stable your situation is, how long you want to borrow for and whether there may be other options such as remortgaging or not borrowing at all. A secured loan that reduces your monthly payments by extending the term may cost more overall.
Can a secured loan help after an IVA or other debt solution?
Some specialist lenders may consider applications from people who have completed an IVA or other debt solution, but this is never guaranteed. Any application will be assessed on your up‑to‑date circumstances, including income, outgoings and how you have managed credit since your debt solution. A secured loan that is used to consolidate borrowing can increase the time it takes to repay and may increase the total amount you repay.
Does Next Path guarantee that I will get a secured loan?
No. Next Path is a credit broker, not a lender. We introduce you to FCA‑authorised partners who carry out their own creditworthiness and affordability assessments. We cannot guarantee that you will be accepted for a secured loan, and any offer you receive will be subject to the lender’s checks, criteria and full terms and conditions.
Will checking my secured loan options affect my credit score?
Looking at indicative secured loan options will not normally affect your credit score in the same way as a full application. Before any lender carries out a credit search that could leave a visible footprint on your credit file, we or the lender will explain what is happening so you can decide whether to proceed.
Do I have to go ahead if I ask about secured loans?
No. There is no obligation to take out a secured loan. You are free to compare offers, take time to think and decide not to proceed. Taking on secured borrowing is an important decision, and you may wish to seek independent financial advice if you are unsure whether a secured loan is right for you.