Borrow against your home without remortgaging. Compare secured loan options with a qualified broker.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
Start with Habitat Loans. We’ll introduce you to Loans Warehouse, where a qualified broker will discuss your circumstances, compare options from the lenders they work with and help you seek a suitable secured loan quote.
Habitat Loans provides the introduction and is not a lender.
Loans Warehouse handles the mortgage advice and loan search.
Any offer depends on the lender’s checks and criteria.
Broker and lender fees may apply. Ask your broker to explain the charges before you proceed.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
A secured loan uses your home as security for borrowing. When it sits behind an existing mortgage, it is known as a second charge mortgage.
Your current mortgage stays in place, and the new loan has its own interest rate, term and repayments. You need to keep up payments on both.
This can be worth exploring if you want to borrow without replacing your mortgage. It still adds debt secured against your home, so the costs and risks need careful consideration.
Both loans are secured on the same home. You need to keep up payments on both.
A kitchen renovation, an extension or improvements that make daily life easier. A secured loan could help fund larger projects, subject to affordability and the lender accepting the purpose.
Set a realistic project budget before deciding how much to borrow. Spending on improvements does not guarantee an equivalent increase in your home’s value.
A secured loan can repay selected loans or credit card balances, replacing those repayments with one loan repayment.
A lower monthly payment can mean paying for longer and paying more overall. Moving unsecured debts into a secured loan also puts your home at risk if you cannot repay.
If you are struggling with repayments, consider free debt advice through MoneyHelper before taking on more borrowing.
Share your contact details and borrowing enquiry so we can introduce you to Loans Warehouse.
A qualified broker at Loans Warehouse will discuss your home, finances and plans, then assess options from the lenders they work with.
If an option is available, review the proposed repayments, interest rate, fees and total cost with your broker. You decide whether to continue. An enquiry is not a loan offer or a commitment to borrow.
Owning a home does not automatically mean a secured loan is available. Lenders consider the property and whether you can afford the borrowing.
The amount available depends on the lender’s criteria. Having equity does not mean you can borrow all of it.
A useful comparison shows how the loan fits your budget today and what it could cost over time.
Can you afford it alongside your mortgage and normal living costs?
Spreading repayments over longer can reduce the monthly amount but increase total interest.
Check whether it is fixed or variable, and what happens when any fixed period ends.
Ask about broker and lender fees. APRC (annual percentage rate of charge) expresses the annual cost of borrowing, including interest and relevant charges, to help compare loans.
Understand the overall cost and any charge for repaying early.
Your Loans Warehouse broker can explain these details for the options available to you.
Tell us what you have in mind. We’ll introduce you to Loans Warehouse to discuss your circumstances and explore whether a secured loan could be suitable.
Introduction to Loans Warehouse. Subject to status and lender criteria. Broker and lender fees may apply.
Your home may be repossessed if you do not keep up repayments on a mortgage or any other debt secured on it.
