Compare The Best Secured Loan Rates – No Broker Fees For 2026
Looking for the best secured loan rates? Secured loans are backed by an asset, usually your home, so they can offer lower rates, larger borrowing and longer terms than many unsecured loans. The right deal depends on your equity, income, credit history, loan-to-value and whether fixed or variable payments suit you.
Main Points To Consider:
- You usually need to be a homeowner with enough equity and a first mortgage already in place.
- Secured loans can be used for debt consolidation, home improvements or larger one-off costs, but your home may be at risk if repayments are missed.
- Tandem, Pepper Money, Selina Finance, United Trust Bank and Norton Home Loans Secured Loans are among the lenders homeowners may compare in 2026.
Gain Access To Our Lender Panel With 100’s Of Secured Loan Products & High Acceptance Rates
- Our secured loan brokers can match the term of the loan to remaining term of your mortgage
- Excellent for clearing other loans/credit cards/existing car credit
- New lenders from May 2026 now available
- High loan-to-value (LTV) options with many lenders
- Get a decision in principal the same day
- Retain your existing mortgage
- Soft footprint credit search that won’t impact your credit rating
- Rates from just 4.85% to 7.21% depending on LTV
- Borrow up to 100% of the value of your home (subject to status and income)
- Homeowner loans not featured on the comparison engine sites
Pre-Decision In-Principle Application Form. Sympathetic To Past Credit Problems: All Forms Of Credit.
A Selection Of The Best Secured Loan Rates UK
| Lender & Type | Interest Rate (APRC) |
|---|---|
| Pepper Money Prime Rate Secured Loan | 4.95% |
| United Trust Bank Secured Loan | 5.22% |
| Selina Finance Secured Loan | 4.47% |
| United Trust Bank Ltd 1st Charge Mortgage-Remortgage | 5.95% |
The rates shown are examples only. Exact pricing depends on lender criteria, equity, affordability, credit profile, loan size, loan term and property type.
Other Secured Loan Providers Worth Considering
Norton Home Loans Secured Loan
Norton Home Loans is one of the top providers of secured loans in 2026. They offer fixed and variable rate options, allowing homeowners to choose the option that suits their needs.
Norton may suit homeowners wanting lower minimum borrowing, shorter terms and fixed or variable options, including some cases with adverse credit.
| Agreement Features | Interest Rates |
|---|---|
| Loan amounts from £3,000 to £500,000 | Varies based on loan amount, LTV, and individual credit rating |
| Loan terms from 3 to 30 years | Generally lower for longer-term loans |
| Available for homeowners with adverse credit history | Higher for applicants with poor credit scores |
| Choices between fixed-rate and variable-rate loans | Fixed-rate loans offer stability, while variable-rate loans offer potential savings if interest rates drop |
| Overpayments are allowed without penalty | Overpaying can save on interest over the loan term |
| Often, a lower rate than credit cards or personal loans | Often a lower rate than credit cards or personal loans |
Tandem Secured Loan Interest Rates
Tandem offers secured loans to homeowners in the UK. They provide both fixed and variable rate options for borrowers. With Tandem, you can borrow up to 95% of the equity in your home.
Tandem can be useful for borrowers who want flexible terms and a loan secured against their main home. The amount available depends on equity, affordability and credit assessment.
| Feature | Detail |
|---|---|
| Loan Amount | Offering loans from £10,000 up to £100,000 |
| Interest Rate | Competitive interest rates, potentially lower for individuals with high-value collateral and good credit scores |
| Loan Term | The loan is secured against the house or flat you live in |
| Security Required | Flexible loan terms of up to 25 years, depending on the loan amount and credit assessment |
| Access for individuals with poor credit scores | The loan is secured against your house or flat you live in |
| Repayment Structure | Offers both fixed-rate and variable interest rates, providing versatility in repayment plans |
Advantages and Disadvantages of Secured Loans
Secured loans can offer lower rates, larger amounts and longer repayment periods than unsecured borrowing. They may also be available where a low or bad credit score makes other borrowing difficult. The main risk is that the loan is secured against your home.
- Pros: lower rates, longer terms, larger loan amounts and wider lender choice.
- Cons: possible repossession if you default, higher pricing for some credit profiles, variable-rate risk and limits based on total LTV.
Summary tables for well-known secured loan lenders
The following tables give a compact view of popular secured loan providers. Use our free quote service for rate details based on your circumstances.
Pepper Money Secured Loan Best Rates
| Feature | Details |
|---|---|
| Minimum Property Value | £75,000 |
| Applicant Eligibility | Self-employed, employed, contractor income applicants |
| Property Requirement | Must be in the UK with a first-charge mortgage |
| Loan Security | Primary residential address |
Norton Home Loans Cheapest Secured Loan Rate
| Feature | Details |
|---|---|
| Minimum Credit Score | 300 |
| Age Limit for Term | Term not to extend past 85th birthday |
| Bankruptcy/Debt Relief Order | Not in the last three years |
Central Trust Secured Loan
| Feature | Details |
|---|---|
| Geographic Availability | England, Wales, Scotland, Northern Ireland (70% LTV cap in NI) |
| Employment Requirement | Three months employed, 12 months self-employed |
| Loan Security | Property |
United Trust Bank Secured Loan
| Feature | Details |
|---|---|
| Minimum Mortgage History | 12 months |
| Property Location | England, Wales, Mainland Scotland |
| Minimum Property Value | £90,000 |
Selina Finance Secured Loan Compare Must
| Feature | Details |
|---|---|
| Minimum Property Value | £100,000 |
| Residency Requirement | Permanent UK resident, three years of address history |
| Income Requirement | £22,500/year (individual), £30,000/year (joint) |
| Credit History | A Good credit history is required |
West One Secured Loan
| Feature | Details |
|---|---|
| Age Requirement | 21 years old, loan term ending by age 85 |
| Employment Requirement | Two years for the self-employed, three months for the employed |
| Minimum Property Value | £100,000 |
Spring Finance Secured Loan
| Feature | Details |
|---|---|
| Geographic Availability | England, Wales, Mainland Scotland |
| Employment History | Three months required |
| Income Requirement | £18,000/year household income |
Together Secured Loan
| Feature | Details |
|---|---|
| Age Requirement | 18 to 80 years at the end of the term |
| Employment Requirement | 12 months continuous or six months with current employer |
| Applicant Eligibility | Regular bonuses, commission, overtime, benefits/DWP accepted |
Comparing Secured Loans with Unsecured Loans
The main difference is security. A secured loan is tied to an asset, usually property. An unsecured loan is not, but it may require stronger credit and can carry a higher rate.
| Comparison Points | Secured Loans | Unsecured Loans |
|---|---|---|
| Definition | Loans backed by an asset or collateral | Loans that don’t require any collateral |
| Interest Rates | Typically, offer lower interest rates | Usually come with higher interest rates |
| Loan Amount | The amount is generally based on the value of the collateral | It can be obtained even with a low or bad credit score |
| Risk to Borrower | The possibility of losing you home | Lower risk as no asset is at stake; however, late payments can affect credit scores |
| Eligibility | Can be obtained even with a low or bad credit score | Requires a good credit score |
| Loan Term | Offers longer loan terms | Typically provides shorter loan terms |
| Types of Secured/Unsecured Loans | Includes homeowner loans, logbook loans, mortgages, and guarantor loans | Includes personal loans, credit cards, and student loans |
Eligibility Criteria for a Secured Loan
- Ownership: You must own a property or have enough equity to use as security.
- Age and income: You must usually be at least 18 and able to evidence regular income.
- Credit history and LTV: Lenders review credit conduct, affordability and the total borrowing compared with the property value.
How to Apply for a Secured Loan
- Compare lenders, rates, loan terms, fees and whether fixed or variable repayments are preferred.
- Check eligibility, then prepare proof of identity, address, income, mortgage details and property information.
- Apply, review the offer carefully, ask questions about charges or early repayment, then make repayments on time.
Managing Your Secured Loan
Managing a secured loan means budgeting for the monthly payment, keeping your credit file in good order and speaking to the lender early if affordability becomes difficult. Check the agreement for early repayment, valuation, broker, lender and administration fees.
It’s crucial to have a realistic budget and stick to it. Keep track of your spending and avoid taking on additional debt that may strain your finances.
Homeowners often compare mainstream second-charge routes such as Pepper Money Second mortgage, United Trust Bank Loan against property, 1st stop loans, second-charge mortgage with no phone calls, that are online-only, Together Money Secured homeowner finance, Optimum Credit second-charge secured loans, TSB Charge on property loan, Homeowner loans from Norton home loans, Paragon Bank Second charge mortgage, Precise Home equity loan, Secured Loans from Blemain Finance, Homeowner loans from Masthaven Bank and Spring Finance Property-backed loan.
The purpose of borrowing also matters. You can compare Mortgage-style loan uses, home improvement routes such as a Nationwide Home Improvement Loan or Natwest Home Improvement Loan, broader Secured loan and mortgage options, the Best Second Mortgage Rate for 2026 and a Homeowner loan with poor credit.
Alternatives to a Secured Loan
- Remortgaging: If you have enough equity, you can explore remortgaging to raise funds.
- Unsecured borrowing: Personal loans, credit cards or overdrafts may avoid using your home as security, but costs and limits may be less favourable.
- Guarantor loans: These may help some applicants, but the guarantor takes on serious responsibility if repayments are missed.
Best homeowner loan rates UK in 2026
Secured loans can be useful for UK homeowners who want to borrow against property equity, retain their existing mortgage and compare longer-term repayment choices. The best secured loan rate is the one that fits your affordability, property, credit profile and borrowing purpose.
