We're Recommended

We're proud of how we help our visitors and customers find the credit they need.
Check our reviews today and read what our customers think of us.


We've been trusted by thousands of customers for secured loans since 2013. Appy for a loan in confidence with Lending Expert.


The Independent review organisation Reviews.co.uk report that reviewers recommend Lending Expert.

Lending Experts

We’re secured loan experts. This means we know our stuff when it comes to loans! We know where the best rates are and have access to exclusive deals just for Lending Expert customers.

Huge Market Comparison

We’re not tied to one lender which means we can search the wider market to find you the cheapest debt secured loans from across the UK.

Authorised & Regulated

Lending Expert is an FCA regulated credit broker which means you can be assured you are dealing with a legitimate and reputable finance company.

Flexible Lending

If you have bad credit or have previously been refused a secured loan we can consider your application. Whatever your circumstances please get in touch to see how Lending Expert can help.

Secured loans are popular for those who wish to borrow larger amounts secured against their home and are often referred to as homeowner loans or second charge loans. Repayments can be made over the long term and up to 30 years with many lenders. Secured loans are also most popular for financing home improvements and debt consolidation purposes.


Use Our Secured Loan Repayment Calculator & Find The Best Loan For You

Our secured loan repayment calculator allows you to choose how much you want to borrow and how long for and you will be able to compare a whole list of secured lenders across the UK.

Our calculator is completely free to use and you can check your eligibility today with Lending Expert in less than 5 minutes.

We require just a few basic bits of information including how much you want to borrow, how long for, your personal details, property details, monthly income and expenses. 

Secured loans (also called homeowner loans) are usually subject to various checks, including a property valuation and proof of income – but if approved, you can usually receive funds to your bank account in just a few weeks.

Check My Eligibility


What is a Secured Loan?

A secured loan allows you to use something valuable as collateral or security in order to borrow the money you need. They are also commonly referred to second charge loans or second charge mortgages.

Your security is often something that you own and is valuable, such as home, flat, property or vehicle and you can leverage its value in order to borrow money, ranging from £500 to £250,000.

The duration of a secured loan ranges from 1 to 35 years and is repaid in monthly instalments, with rates starting from around 6%.

Secured loans are ideal for homeowners looking to borrow money or consolidate debts – and they are also popular for people with bad credit histories who may have been declined elsewhere.

It is important to remember that by using your property as security, this could be repossessed by the lender if you do not keep up with repayments for some time.


What Can a Secured Loan Be Used For?


What Can I Use as Security?

Secured loans are often associated with borrowing against a property, either one that you live in or use for commercial purposes. This includes homes, flats, maisonettes, bungalows, offices, storefronts, garages and warehouses based here in the UK.

Secured loans can also refer to using a vehicle as security whether it is cars, bikes, vans, lorries or a fleet of vehicles. See also, logbook loans.


Why Should I Use a Secured Loans Calculator?

With a number of lenders and products available, a secured loans calculator is similar to our bridging loan calculator and allows you to choose the terms of your loan and find a number of competitive providers, rates and terms.

Use our calculator to compare:

  • Loan amounts
  • Loan duration
  • Rates
  • Repayment amounts
  • Terms


Rather than going to one lender directly, you can find the best rates all in one place.

At Lending Expert, we have partnered with a wide range of secured lenders, who can offer loans for all purposes, sizes and credit backgrounds. Simply use our secured loan calculator and click on ‘Check My Eligibility’ to get started.

Check My Eligibility


Is Your Secured loan Calculator Free to Use?

Yes, absolutely, you can use our calculator free of charge and you can compare rates at your convenience. We do not charge any fees for applying either, we only receive a broker fee if your application is successfully approved and funded.


What is the Eligibility Criteria for a Secured Loan?

  • You must be a UK resident
  • You are a homeowner
  • You have an existing mortgage
  • You are employed with a regular income
  • No recent bankruptcies – although bad credit is considered


Can I Get a Secured Loan with Bad Credit?

Yes, you can get a secured loan for bad credit and this type of borrowing is often used by people who have been turned down for mainstream loans.

If you have a property or vehicle that is in good condition, you can secure a loan against it and borrow the money you need. You will need to have a stable income and be able to afford repayments – and do not forget that if you cannot keep up, your home or vehicle could be repossessed. Find out more here in this guide.


What Additional Fees Are There?

In addition to the interest charged by the lender, other fees associated with secured loans include:

  • Early repayment fees
  • Broker fees
  • Legal fees
  • Survey fees
  • Valuation fees


How to Use The Secured Loan Calculator from Lending Expert and Apply Today

To use our secured loan calculator, simply click on the buttons provided that allow you to choose the loan amount and loan duration.

Use our table to compare the different secured loan options for you and when you are ready, simply click on ‘Check My Eligibility.’

Our team would be delighted to process your enquiry. We require just a few pieces of information including the value and details of your security and how much of it you own. 

We can usually provide an indicative quote within 24 hours and subject to further checks, you can usually receive the loan transferred to your bank account within a matter of weeks.

Check My Eligibility


Check your eligibility and apply online for a second charge mortgage in the UK here on Lending Expert.

Loans displayed have a minimum term of 12 months and a maximum term of 360 months. Maximum APRC charged 49.9%.

Overall Representative Example for Secured Loans

Based on borrowing £18,000 over 120 months. Interest Rate: 6.5% fixed for 60 months with instalments of £227.38. Followed by 60 months at the lenders standard variable rate of 4.95% with instalments of £221.71. Fees Broker fee (£1,530); Lender fee (£495). Total amount payable £26,945.40 comprised of; loan amount (£18,000); interest (£6,920.40); Broker fee and Lender fee. Overall cost of comparison 9.1% APRC.

Related Links

Loans For Self Employed

If you're self employed and need a low rate loan we can help. Apply in confidence with Lending Expert.

Loans For Pensioners over 65

If you're a pensioner or over the age of 65 and need a loan we can help. We can quickly check your eligibility online.

Bad Credit Loans

If you have bad credit issues or a low credit score and need a loan we can help.

Secured Debt Consolidation Loans

If you're a homeowner and wish to consolidate your debts into an easy to manage loan we can help. Check your eligibility and compare rates with Lending Expert.

Second Charge Mortgages

Take out and apply for a second charge mortgage with the help of our expert loan brokers.

Home Improvement Loans

Make home improvements with a secured home improvement loan. Get expert advice and market comparison with Lending Expert.

Bridging Loans

Short term bridge finance from our expert team of brokers. Loans from 1 - 24 months from a wide range of lenders. Apply online with Lending Expert.

Homeowner Loans

Quickly check your eligibility and apply online for a homeowner loan with Lending Expert.

Personal Loans

Apply for a personal loan from 2.9% APR online here at Lending Expert today.