Secured Loans
Roll your credit cards, personal loans, and car finance into a single secured loan — one payment, one lender, and typically a significantly lower interest rate. Compare live rates from UK lenders now.
A debt consolidation loan combines multiple debts — credit cards, personal loans, store cards, car finance, overdrafts — into a single new loan with one monthly payment and one interest rate.
A secured debt consolidation loan uses the equity in your home as security. Because the lender has that security, they can offer much lower interest rates than unsecured personal loans or credit cards — often 7–12% compared to 20–30% on credit cards.
This makes a secured consolidation loan particularly effective if you have significant high-interest credit card or personal loan debt and sufficient equity in your property.
Typical example
Estimated monthly saving
£335/mo
Illustrative example only. Your actual saving will depend on your circumstances and the rate you qualify for.
Use our free debt consolidation calculator — no credit check, no obligation.
Enter each debt — balance and current monthly payment. Credit cards, loans, car finance, overdrafts.
We calculate what a single secured loan would cost and show your estimated monthly saving instantly.
Your debt total loads into the rate table. Compare rates from our specialist UK lender panel side by side.
Click Apply and an FCA-authorised adviser calls you to confirm your rate. No hard credit check at this stage.
Lower interest rate
Secured loans typically charge 6–12% vs 20–30% on credit cards — significantly reducing the interest you pay.
One monthly payment
Replace 4, 5 or more minimum payments with a single, predictable direct debit.
Fixed end date
Unlike revolving credit, a secured loan has a clear term — you know exactly when you will be debt-free.
Improves cash flow
Lower monthly outgoings free up income for savings, emergencies, or other priorities.
Your home is at risk
Unsecured debts become secured against your property. Miss payments and the lender can repossess your home.
May cost more overall
A longer term means more total interest paid, even at a lower rate. Run the numbers before committing.
Fees apply
Arrangement fees (typically £495–£1,995) and valuation fees are common. These are disclosed upfront.
Doesn't fix the habit
Consolidating won't help if you run up the credit cards again. Consider closing accounts after consolidating.
To get a secured debt consolidation loan you must be a UK homeowner aged 18 or over with sufficient equity in your property. Most lenders require:
£5,000
Minimum loan
£500,000
Maximum loan
Up to 85%
Max combined LTV
Clean to adverse
Credit profile
Lenders consider your income, employment status, credit history, property value, and existing mortgage balance. Even with CCJs or defaults, specialist lenders on our panel — including Pepper Money and Together — may still be able to help.
A debt consolidation loan combines multiple debts — credit cards, personal loans, store cards, car finance — into a single new loan with one monthly payment. A secured version uses your property as security, which typically unlocks lower rates than unsecured alternatives.
Savings depend on your current rates versus the secured loan rate you qualify for. Credit card debt at 20–30% APR consolidated into a secured loan at 7–10% can reduce monthly outgoings significantly. Use our calculator on the homepage to see your personal saving.
It can be. You typically pay less interest and simplify multiple payments into one. But you are converting unsecured debt into debt secured against your home — if you miss payments, your home may be at risk. Always get independent advice if you are unsure.
Yes. Lenders including Pepper Money and Together specialise in applicants with CCJs, defaults, or missed payments. Rates will be higher than clean credit, but secured loans are often available where unsecured options are not.
Credit cards, personal loans, store cards, overdrafts, car finance, and payday loans. You cannot consolidate an existing mortgage into a second charge loan — though remortgaging may be an option.
Most lenders cap combined LTV at 80–85%. On a £300,000 property with a £150,000 mortgage, you may be able to borrow up to £105,000 (85% LTV) for debt consolidation.
Add your debts to our free calculator and compare secured consolidation rates from UK lenders in minutes. No credit check. No obligation.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS.