Blemain Secured Loans Review Updated For 2026
Discover whether Blemain’s loan rates are a fit for you. 100’s of secured finance products & high acceptance rates!
- Special “broker-only lenders” not featured on the comparison sites with great terms
- Intelligent lending technology & no upfront fees
- Great for clearing other loans/credit cards/existing car credit
- We search over 1,700 loans to find the best deal
- High loan-to-value (LTV) with some lenders
- Homeowners could borrow from £8k – £800k
- Keep your existing mortgage with no stress
- We only use soft footprint credit search that won’t damage your credit score
Pre-decision application form for homeowners with past credit issues
Blemain Finance and Together Money
Blemain Finance is now part of Together Money, rather than a separate brand; you will usually see it promoted on its own. The old Blemain name still appears in some regulatory and company information, but the lending sits within the wider Together group, which also includes names such as Cheshire Mortgage Corporation, Lancashire Mortgage Corporation, Auction Finance and Bridging Finance.
The group is connected to Jerrold Holdings Limited. Around the time of the brand overhaul, the business was already a sizeable specialist lender, and the point of the rebrand was fairly simple: bring a handful of long-running finance names under one roof.
While Blemain Finance secured loans may have disappeared from the surface, the brand’s core values that brought them the success they had (and have) live on through Together Money.
It is useful to think of Blemain as a lending name on the specialist side of the market, rather than a high-street bank dealing with unusual cases as an exception.
That matters because borrowers with non-standard income, a previous credit wobble, or a complicated property often need a lender who can read the case properly rather than stop at a computer-generated decline.
Why Blemain became known in second-charge lending
Blemain built a name with borrowers who did not fit neatly into high-street lending. A rigid credit score approach can be a problem for someone with arrears, defaults, or a few awkward entries on their credit file, even when their current income is strong enough.
This is where a lender with manual underwriting may look more closely at the story behind the numbers.
The appeal was never that every case would be accepted. It was more than the application could be looked at by someone able to weigh the risk. A settled default, an old CCJ or a short period of missed payments can mean different things depending on the wider picture. A borrower with stable income and decent equity may look very different from the same borrower on a basic scorecard.
A second-charge loan can sit behind an existing mortgage, which means the borrower may not have to disturb a good first-charge deal. For someone comparing a secured loan against remortgaging, that can matter. A full remortgage can move the entire mortgage balance onto a more expensive rate, while a second charge only applies to the extra borrowing.
What the lender is likely to look at
For this type of borrowing, affordability matters more than a tidy marketing headline. The lender will look at income, outgoings, the property value, the existing mortgage balance and the reason for the loan.
A borrower wanting a homeowner loan with bad credit still needs to show that the loan is affordable, and a stronger case may be possible where there are two incomes supporting a joint secured loan.
Expect questions about employment history, evidence of self-employment, property type, mortgage arrears, and recent banking conduct. None of that is unusual; it is simply how a secured lender decides whether the loan is sensible.
The cleanest-looking rate is not much use if the lender will decline the case after a hard credit search.
Some borrowers use secured borrowing to raise a fixed amount, such as a £25,000 loan, while others want a longer repayment profile. A borrower who does not want a very long term may compare secured loans over 10 years, and those who want predictable payments may prefer a fixed-rate secured loan if the lender’s criteria fit.
What the money can be used for
Most borrowers are looking for a practical outcome, not a lending label. They may want to deal with expensive cards and loans through secured debt consolidation, fund repairs, improve a property or manage a family budget.
There are many ordinary uses for a secured loan, but the borrower still needs to think carefully about the total interest and the risk of securing debt against a home.
A lower monthly payment can feel like relief, especially when several debts are consolidated into a single payment. The uncomfortable bit is that a longer term may mean paying interest for many more years.
That is why the purpose of the loan, the repayment term, and any early repayment charges need to be weighed together rather than treated as separate details.
For borrowers with a cleaner credit file, mainstream routes may be worth comparing too. A Nationwide home improvement loan, NatWest home improvement borrowing or Santander home improvement finance may be cheaper if the application is simple enough. TSB secured loans may also be worth a look for borrowers who fit a stricter high-street profile.
How lender choice can change the outcome
Blemain is not the only name in this part of the market. A broker may compare former Blemain/Together-style lending with Together Money, 1st Stop, Norton Finance, United Trust Bank, and Masthaven, depending on the credit file, income type, and loan-to-value.
Other lender routes can include Pepper Money, Optimum Credit, Paragon Bank, Precise and Spring Finance. The best fit is not always the lowest headline rate; it is the lender most likely to accept the full case without forcing the borrower into unnecessary cost or delay.
This is also where a broker can be useful. If a lender is clearly wrong for the case, there is no value in testing the application there just to prove the point. A better route is to place the case where the criteria, property and credit history have a reasonable chance of matching.
Before applying
Anyone looking at secured loans with bad credit should check the full cost, not just the monthly payment. It is also worth comparing second mortgage rates and secured loan rates before deciding. If you prefer a quieter process, a secured loan with no phone calls may suit you better, provided the lender can still get enough information to underwrite properly.
The right answer may also be to borrow less, wait until a credit file improves, or not borrow at all. That is less exciting than a fast approval, but it is often the difference between useful finance and a loan that creates another problem later.
