Secured loans give the lender protection against the value of your home and can be used for such things as improving your property and consolidating other loans.
These loans are also called secured home owner loans, and do have advantages. As they are secured against the value of your home, you are able to borrow larger sums as opposed to a personal loan.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.
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As always I found The Finance Detectives extremely helpful and easy to use. With working full time being able to communicate via email and send documents in the same manner was a godsend. I will always use The Finance Detectives for all my Mortgage and Insurance needs as they provide a first class service which is value for money and with little or no hassle. I have in the past recommended The Finance Detectives to friends and will continue to do so in the future. Thank you again for all your help and assistance in sorting the new Mortgage deal. R Tucker,
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