Top Mortgage Solutions
Reviews and Ratings for Financial adviser Simon Rushbrooke, Southampton

Secured Loans

A secured loan is any loan that provides the lender with some form of security.
secured loans

Now under the remit of the Financial Conduct Authority (FCA) Secured loans offer a genuine alternative to a remortgage or further advance. Under the FCA’s consultation paper CP14/20, “where a borrower wants to raise additional funds, they must be made aware that in addition to a further advance or remortgage, a second charge or unsecured loan may be more appropriate.”

A secured loan is any loan that provides the lender with some form of security; generally speaking, this often takes the form of property owned by the borrower. The property is held as collateral against the loan in the event the borrower is unable to repay the loan when required to. The secured loan is called the second charge.

Quite often when a mortgage lender will not lend a desired amount due to affordability criteria a secured loan could step in to facilitate.

Top Mortgage Solutions does not deal directly with Secured Loans and your details will be passed on to one of our trusted associates for full details and applications.

Mortgage Advice

Z Access to exclusive mortgage interest rates

Z Access to more than just High Street lenders

Z Self-Employed products available

Z Bad Credit considered

Z Solutions for Buy to Let or Let to Buy

Z Access to Secured Loans

Z Access to Bridging finance

Z Access to Commercial Mortgages

We always aim to provide a high quality service to our customers. However, if you encounter any problems and we are unable to resolve them you can take your complaint to an independent Ombudsman. Our advice is covered under the Financial Ombudsman Service (www.http://www.financial-ombudsman.org.uk/consumer/complaints.htm). You may be able to submit a claim through the EU Online Dispute Resolution Platform (https://webgate.ec.europa.eu/odr/main/?event=main.home.show if you live outside the United Kingdom or if you prefer not to deal directly with the Financial Ombudsman Service.)”