Secured Loans

If you require additional funds for whatever reason but availability under your current lender is restricted then Secured Loans are available through The Mortgage Store from a range of lenders at short notice.

A secured loan is a loan in which the borrower pledges some asset (e.g. a car or property) as collateral for the loan, which then becomes a secured debt owed to the creditor who gives the loan. The debt is thus secured against the collateral — in the event that the borrower defaults, the creditor takes possession of the asset used as collateral and may sell it to regain some or all of the amount originally lent to the borrower

At The Mortgage Store we will discuss all of the options available to you and ensure that you fully understand the terms of the loan and the risks involved, we will also make sure any secured loan you take out is absolutely right for you

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