7.1% Secured Loans Bad Credit Direct Lender-NO BROKER FEES

New 2nd charge lender as of 1st September 2025 for Secured Loans Bad Credit Direct Lender

The direct lender:

Offers:

Secured Loan Bad Credit Direct Lender
Loan to Value up to 90%
Some tolerance for credit score issues
Interest rate 5.1% fixed for five years
Other tracker rates available lower than 7.1%
Direct lender, so no broker fees
Modest automated valuation fee for most homes and simple applications

Funds are limited; please inquire today!

Secured Loan Bad Credit Direct Lender no fees

We have an agreement with a new lender offering better rates and terms than Equifinance, Together, Precise, and Clearly for many borrowers looking for Bad credit secured loans. The lender accepts applications for light adverse and heavy adverse cases.

Here are some Illustrations of poor credit secured loan cases done in 2025 – helping people with lower monthly repayments

Credit Card Debt Consolidation – want to borrow to save money?

Mrs H ran up cards to help her sister during her divorce. She ended up with minimum monthly repayments on credit cards of around £500 a month. The payback was out of reach for her. She also had a store card with relatively high interest. Because all her credit card minimum payments were fragmented across different times of the month, she sometimes missed or made payments late.

£12 fees were mounting up. Some months, she had one £12 fee for missing the minimum amount and another for exceeding the credit limit! His credit history was a bit damaged. She borrowed £25,000 with a bad credit secured loan and paid off all her store and store cards. She then had one secured loan payment by direct debit on the same day her mortgage came out. The chaos in her life switched off overnight.

Here is the before and after:

Before secured loans bad credit

Home valuation £300,000 Mortgage outstanding £105,000
Mortgage rate 2.78% Mortgage monthly payments £486
The remaining mortgage term is 21 years
Unsecured debt monthly servicing £488
Home LTV 35% – Secured loans for people with bad credit

Total monthly payments £974 – no broker fee loans

After bad credit homeowner loan – homeowner loans direct lenders

Home valuation £300,000 Mortgage outstanding £105,000 – loans without fees
Mortgage rate 2.78% Mortgage monthly payments £486
Remaining mortgage term 21 years Secured loan rate of 4.2%
Secured loan payment of £149
Secured loan amount £25,000
Home LTV 43.33%

New total monthly payments £635 – lots more breathing space with secured loans for bad credit direct lenders!

Saving in monthly payments after 2nd Mortgage £339 – homeowner loans bad credit

Mrs H had a good income and could easily afford the £149 a month payment, so she was much better off. And nearly as important to her, she didn’t get calls from credit cards nagging her all the time; her life was completely decluttered. Secured loans for poor credit were an excellent option for Mrs H’s debt consolidation.

Raising money for a distressed purchase of an Investment Property – homeowner loans for poor credit rating

Mr C had a friend who had been made redundant and had mortgage arrears. He agreed to buy his friend’s London flat for a little under market value, at £500,000. He wanted to get a 70% LTV (loan to value) but to let the mortgage and put the property in his company’s name.

The problem was he only had £55,000 in savings and needed to find £95,000 to loan to his company for the deposit.

Mr C also had a small default on his credit file from an unpaid water bill due to a nightmare from a previous tenant in one of his rental properties. He needed the £ 95,000 quickly. Mr C had an outstanding mortgage on his home worth £610,000 from HSBC of £295,000.

The mortgage was bank base rate plus 0.5% so he could not remortgage. As he had a lot of personal income, he could prove he was able to get a secured loan of £95,000 and loan the money to his company to buy his friend’s flat. The secured loan on his home was completed quicker than the Buy to Let mortgage on the flat, so everything was done in good time.

Purchase of house near son’s new university and poor credit secured loans solution

Mr and Mrs S’s son got excellent A-level results. He chose a four-year course in an area he liked. After studying the costs of rentals, Mr and Mrs S looked at buying a buy-to-let property for their son to live in, where he could let out rooms to other students. They found a 3-bed house for £155,000 near the university.

They looked at a Buy-to-Let Mortgage from the Leeds Building Society. No home improvements were necessary, so the credit broker was fine with this. This made the loan application simpler, and no lender fee was needed.

Here is the breakdown of the Purchase Buy to Let Mortgage:

Representative example: A mortgage of £108,500 payable over 25 years on our tracker rate for the mortgage term of 62 months at 1.7% above the Base Rate and then on our current variable rate of 5.99% (variable) for the remaining 238 months would require 62 monthly payments of £470.52 and 238 monthly payments of £651.99.

The total amount payable would be £186,593.00, comprised of the loan amount plus interest (£75,845.00). The overall cost for comparison is 4.7% APRC representative.

The 5-year term suited Mr and Mrs S as this would get their son through university and placement year and would give him the option to get a job in the same area and stay in the house after his graduation.

The problem was that Mr and Mrs S didn’t have the £46,500 the lender needed for the 30% deposit to get the excellent mortgage deal. They needed £30,000 from somewhere. Their family home was worth £450,000, and they only had a small mortgage of £127,000, so they had a lot of equity.

As Mrs S had been back at work for several years, her income was excellent, as was Mr S’s. So, Mr and Mrs S could keep the mortgage they got back in 2005; they worked out that they could get a poor credit secured loan from Paragon.

Here is the breakdown of the 2nd Mortgage on the family home-secured loans for poor credit:

Homeowner Loan second charge – repayment schedule: An assumed borrowing of £30,000 over 15 years, representing 3.9% APRC. Total amount payable: £39,641.02. Includes interest of £8,896.02. Repayments: 180 monthly repayments of £216.09 at 3.61% (variable).

The total monthly repayments of around £686.61 were not that high after the rent from the other bedrooms and the money they saved through not paying rent for their son.

Even if interest rates went up significantly, Mr and Mrs S could still make the payments out of pocket if necessary, so the risk to them was minimal.

What sort of dumb fool wants to waste money on fees for Secured loans for people with bad credit?

Because people are sick of brokers fees, the demand for no broker fee loans is massive.

Bridging

What are bad credit homeowner loans?

Type of loan? Secured loans for people with bad credit are only available to property owners/mortgage holders, and the lender can forcibly sell your home to get its money back if you can’t repay it.

They are usually used where the size of the loan is not appropriate for a lender on an unsecured basis.

Unsecured loans available to homeowners with excellent payment history up to £25,000
Secured loans, ranging from a few thousand to hundreds of thousands, can be accessible to people with some adverse history.
Generally, good loan repayment terms are shown by the loan calculator.

Why would I get a Secured Loan Bad Credit Direct Lender?

With a secured loan, you are usually given a longer term—sometimes as long as the remaining term of your existing mortgage.

You can secure your borrowing for debt consolidation to save monthly money. However, make sure you don’t pay a lot of fees.

Secured Loans for Bad Credit UK vs Adverse Remortgage UK questions – Are Secured Loans Bad Credit worth it?

Examples of scenarios where a secured loan would be better than a remortgage with bad credit.

Firstly, types of 1st charge mortgage you already have:

It is a meagre variable rate, which is useful when bank base rates are so low
It is interest only and, therefore, has a lower monthly payment, impacting your overall affordability.
It has a redemption penalty.
It has a competitive fixed rate with a reasonable remaining term length.
It’s the type of mortgage you could no longer qualify for because your circumstances have changed.
It is essential to pay your first charge borrowing first; if your mortgage payment is low, you can fight off repossession for a while by prioritising the 1st charge lender over the 2nd charge lender.

Secured loans are applicable when the amount of money you borrow is significant, and the term is much longer than, say, a personal loan or car finance. You are much more likely to be accepted if you don’t lie to your loan advisors who draft the application form.

Examples of 1st charge mortgages you may already have where an adverse credit remortgage may be better

It’s an expensive rate, and you can qualify for a better lender with a lower price (improvement in personal income, time out of credit problems, etc.)
Its fixed-term discount rate has ended.
It no longer has a redemption penalty
It is a term that doesn’t suit your needs (too short).
The 3rd party, like an ex-partner, may be on the mortgage, and you have to remove them (part of the divorce settlement, for example)
The house’s value has appreciated significantly, enabling you to access more competitive lenders.

Funds are limited; please inquire today!

Secured loans for bad credit instant decision UK for Spray foam insulation homes

Signing away your home to a lender is not something you should do lightly, as it limits your options in certain circumstances. However, offering the lender collateral can allow you to access funds competitively, even with a poor credit history. Consider personal loans for smaller amounts if your credit is perfect.
Bad Credit No Guarantor Consolidation Loan

Some people spend all their disposable income on debt service to multiple lenders. Credit cards, store cards, catalogue accounts, and even other high-interest loans can consume all their income, making them” debt slaves.”

Bad credit loan secured for 2025 timber frame properties

With a secured loan, you can use this money to clear high borrowing and pay the money back over a longer term that can even be matched to the remaining term of your mortgage. Also, if you have an existing mortgage from a pre-credit crisis lender, this mortgage is likely worth keeping, and a re-mortgage could be a bad idea.

House prices in the UK are recovering nicely; even outside London, many areas are above the 2007 September highs. This has made the homeowners’ equity reappear, making secured loans more accessible to qualify.

2025 2nd charge secured lending homeowner loans direct lenders

Today’s regulations make it difficult for you to get a mortgage you can’t service, so if you have a lot of unsecured debt, you can’t really maintain, you might be better off doing debt management and hitting your unsecured creditors with a “haircut” on their principal.

Secured loans fast for PRC properties

If you compare it with other brokers, look at the broker fee and make sure the type of loan and interest rate are the same and that the broker is authorised and regulated by the finance conduct authority. If you can get homeowner loans direct lenders, you can save up to a lot of money.

Secured Loan Bad Credit Prime lenders and loans with no fees include

Retirement Mortgages Uk

Debt Consolidation Loans For Bad Credit UK No Guarantor

Secured loans for bad credit direct lenders and adverse 2nd charge lenders include

Examples of secured loans bad credit:

Together Light Adverse Secured Loan

Max LTV 75% no-fee loans
Amount £3000 to £50000 – loans with no fees
Rate 7.67%
Term 3 to 30 Years

Equifinance Heavy Adverse Secured Loan – financial conduct authority authorized

Max LTV 70%
Amount £50,001 to £100,000
Rate 13.49% p.a
Term 3 to 25 years – no fees loans

Secured Loans For Bad Credit Direct Lenders – no fee loans

We have another broker-only lender not listed here with great rates and terms.

Secured loan rates in the UK

Depending on your adverse credit history and its recent, Secured Loan Bad Credit Direct Lender rates in the UK can range from a per cent or so away from a reasonable mortgage rate to 12% or more. Lending to people with severely impaired credit histories likely involves high costs for the lender.

For example, a poor credit lender may have to have a big team of staff making outgoing phone calls to chase people for late payments. In contrast, a prime lender would likely have a tiny group of chasers, as most people with a good history don’t need continual chasing to make a timely payment. Many people want a secured loan bad credit direct lender because brokers’ fees, typically around 10%, can be very high.

Secured loans for poor credit – no broker fee loans

An example of an excellent secured loan lender is Shawbrook Bank. Applicable credit profiles can save money with a debt consolidation loan. Credit scores that are not relatively high enough can be referred and sometimes pushed through by the appropriate team at the lender.

Santander Secured Loan
Metrobank Secured Loan
NatWest Bank Secured Loan
No Broker Fees Secured Loans
HSBC Bank Bridging Loans
Co-operative Bank Secured Loan
Halifax Secured Loan
Lloyds Bank Secured Loan

Interest rates used by secured loan lenders when setting rates:

Swansea Building Society: An Overview of Retirement Mortgages for Over 60s

Homeowner Loans Direct Lenders – loans without fees

A serene and picturesque sunset over a calm ocean

Secured Loan Bad Credit Direct Lender

Maximize Your Retirement with Stafford RIO Mortgages Over 70

Are you looking for a secured loan with bad credit direct lender?

No Broker Fees Secured Loans

Interest Only Buy to Let Mortgages
Remortgages from Ravenwood Services
High Loan to Value Buy to Let Property Mortgages

The UK Secured loans for bad credit direct lenders and secured loans for bad credit instant decision

no broker fee loans

total amount repayable with lower interest — loans with no fees

employment status enables loan repayments — no fees loans

bank statements combined with credit reference agencies credit check

How much money can I get with unsecured personal loans?

You can release 60% of your home’s value. For example, if your house is worth £240000, you can borrow £144000.

Other key features

bad credit rating loans will be more common in 2025
missed loan payments are acceptable with many lenders
credit record is less important than your income
personal circumstances are key to qualifying
missed payments in the past are ok
unsecured credit can be repaid at a lower rate
utility bills arrears can be sorted out
unsecured loan options are limited by the amount you need to borrow
A secured loan application needs to be truthful and complete
Fast-secured loans are a debt secured on property, likely you main home you live in
how much equity you have is key to UK homeowners ability to get poor credit secured loans
mortgage broker bad credit applicants
most lenders high street lenders
secured loan requires lower rates over a long er time
the right secured loan is a higher rate for some people
consumer credit
consolidate debt
lender’s criteria comfortably afford
very bad credit
consolidate debts compare loans
higher credit score
fixed interest rate
loan terms with credit issues
loans warehouse
good credit score specialist lenders
low monthly repayments bad credit faqs
low monthly repayments

Does Platform do Secured Loans?

Yes, Platform does secured loans at 4.1% APRC. A bad credit history, no problems

Do Platform do Equity Release Under 55?

Yes, Platform Equity Release Under 55 is 4.1% MER. Platform also offers secured loans to people with flats and other leaseholds.

Do Platform do Secured Homeowner Loans?

Yes, Platform Secured Homeowner Loans are 4.1% APR. Secured loans tend to be paid directly from your bank account. A secured homeowner loan option is great for debt consolidation.

Does Platform do Homeowner Loans Bad credit?

Yes, Platform Homeowner Loans are 4.1% MER.

Do Platform do Secured Home Owner Loans?

Yes, Platform Secured Home Owner Loans are 4.1% APR.

Does Platform do Homeowner Loans for Bad Credit?

Yes, Platform Homeowner Loans for Bad Credit have a 4.1% APR. A clean credit report is not necessary.

Do Platform do Direct Lender Secured Loans?

Yes, Platform Direct Lender Secured Loans are 4.1% MER. You can borrow money at a low rate in July 2025.

Do Platform do Home Equity Lines Of Credit?

Yes, Platform Home Equity Lines Of Credit are 4.1% MER.

Do Platform do Debt Consolidation Loans?

Yes, Platform Debt Consolidation Loans are 4.1% MER.

Do Platform do Home Equity Loans?

Yes, Platform Home Equity Loans are 4.1% APR.

Do Platform do Personal Loans?

Yes, Platform Personal Loans are 4.1% APR.

Do Platforms Do Unsecured Loans?

Yes, Platform Unsecured Loans are 4.1% APR.

Do Platforms Do Loans To Consolidate Existing Borrowing?

Yes, Platform Loans To Consolidating Existing Borrowing are 4.1% MER.

Does Platform offer loans for those with poor credit history?

Yes, Platform Loans For Poor Credit History have 4.1% APR.

Does Platform offer homeowner loans to consolidate existing debts?

Yes, Platform Homeowner loans to consolidate existing debts are 4.1% APRC.

Do Platforms offer secured loans with no broker fees?

Yes, Platform Secured loans with no broker fees are 4.1% MER.

Does Platform offer homeowner loans with no early repayment charge?

Platform Homeowner loans with no early repayment charge are 4.1% APRC.

Does Platform offer loans without an arrangement fee?

Yes, Platform Loans without an arrangement fee are 4.1% APRC.

Thoughts from Noah Morrison of Bristol – for an unsecured personal loan

Despite having some blips in my credit history, I approached Ravenwood Services for homeowner loans direct lenders. They offered me an option that catered to my status as a homeowner with bad credit, which not many lenders are willing to do. The entire process felt personal and respectful of my financial situation.

Experience of Freya Gregory from Salford

My encounter with secured loan bad credit direct lender options at Ravenwood Services was positive. As a senior, finding financial products tailored to my needs is difficult. Yet, I was treated with understanding, and they gave me instant decision-making, which I saw as highly praised on Trustpilot. Lousy credit score secured loans typically are affordable loans that involve credit checks and early repayment fees, especially from mainstream lenders.

Insight by Ivy Miah in Coventry with poor credit score

As someone with a not-so-perfect credit score, I sought a secured loan bad credit direct lender and found Ravenwood Services. Their approach to homeowner bad credit loans is commendable; they look at more than just your credit score, which is a relief and quite the contrast to some of the reviews I’ve seen on Google reviews.

Frankie Turnbull’s Take from Wakefield – unsecured loan help

Securing a direct loan lender who understands the nuances of finance in our golden years is a challenge. Ravenwood Services stood out with its straightforward process and empathetic service for those of us with less-than-perfect credit histories. They reflect the positive aspects that people often highlight in reviews.io about customer service.

Aurora Chapman Reviews from Sheffield

When I needed secured loans for bad credit direct lenders, I found Ravenwood Services to be a beacon of hope. Their service for homeowners like me, who have faced financial hurdles, was supportive and empowering. The transparency and efficiency echoed the positive sentiments I had read in Google reviews.