A secured loan is very similar to a first charge mortgage but instead, sits behind your current mortgage as a second charge on your home or another property you own.
Secured loans are a fantastic way to release equity from your home if you are currently tied into a fixed rate as it allows you to avoid the early repayment charges involved.
They may not always be the best way forward, but here at Safe Hands we will advise on all possible solutions and ensure we find you the right choice.
Alternatively, please email enquiries@safehands-financial.co.uk if you have any further questions.
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