The Secured Loans Market

secured loans are at last seeing signs of improvement.

There are more lenders entering in the secured loans market.

Link Lending has entered the secured loans market once again and have niche products and there are talks of other lenders entering the secured loan market.

Since the start of the recession the secured loans market was badly affected with many lenders with drawing products and other lenders leaving the secured loan market and other secured loan lenders not getting any funding.

Before the recession the secured loans market was totally different than what is available today such as 125% plans, pure self declarations for employed and self employed and lenders accepting unlimited arrears and defaults. 

But the market is seeing signs of improvement and there are secured loans available for people with unlimited adverse credit, self employed, although the loan to value will be tighter for self employed the loan to value is 75% and unlimited adverse being at 65% although the amount that you can borrow might be restricted but this is all good news for the market.

Many people are being declined for a remortgage because they are self employed or have a wee bit bad credit and with the mortgage market tighting there criteria many can not borrow from there exsising lender or remortgage there property  and many people in this situation are applying for a secured loan as there are no other alternatives.


The market is getting a lot busier and there are a lot of niche products available in the secured loans martket it really is worth considering.

secured loans or homeowner loans can be borrowed for really any purpose and if someone is unfortunately been declined for a remortgage they could look at secured lending.

secured loans are back and I am sure that this year we will see a big improvement in the market.

If you are looking for a secured loan or would like to see what is available to you in the market you can contact a secured loans broker who will deal with the whole of the market.