Secured Lending

Secured loans or homeowners loans is a borrowing secured on your property for the amount you want to borrow. They are a great option if you need to borrow a large sum of money or have a poor credit rating. If you fail to keep up with repayments, your property could be repossessed.

7.8% APRC Representative
Representative example: Assumed borrowing of £37,700 over 180 months, with a fixed borrowing rate of 6.4% per annum for the first 36 months, followed by 144 months at the lenders standard variable borrowing rate of 5.9%. There would be 36 monthly installments of £356.89 followed by 144 installments of £347.59. Total amount payable £63,021 comprised of loan amount (£37,700) interest (£21,791) Broker fee (£3,000) Lender fee (£530). This would result in an overall cost of 7.8% APRC.
Basik Money Ltd may receive payment from product providers.
Loans are subject to credit checks, affordability checks and a valuation of your property.
If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.
THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR LOANS SECURED ON IT.
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Secured Loans

Perfect for homeowners, discover how much you can borrow at a low interest rate, using your property as security. Secured loans or homeowner loans, let you borrow money at low interest rates because they are secured against your home.

Debt Consolidation

If you have borrowed money from multiple lenders, a debt consolidation loan could help you take control of your finances by lowering monthly repayments and keep track of how much you’re paying each month.

Home Improvement Loans

Whether you are looking to make a few repairs to your property or want to add an extension, kitchen or bathroom then a secured home improvement loan is perfect. Increase your properties value and make it a better place for you and your family to live.

Self Employed Loans

Being your own boss has some great benefits, although one of downsides to being self-employed as you probably know – it can be difficult to obtain any kind of loan or finance. Borrowing requirements are getting ever tighter as the days go by.

Holiday Loans

If you need to travel overseas for a wedding or special occasion, or you simply want to fund a holiday of a lifetime such as a honeymoon or round the world trip, a low rate secured holiday loan is the most convenient way to pay for your dream holiday.

Wedding Loans

Your wedding day should be one of the most memorable occasions in your life, providing you with memories that will last a lifetime. The average cost of a wedding in the UK is between 20-25 thousand pounds, finance your big day with a low cost wedding loan.

Bridging Finance

A bridging loan or bridging finance is a great solution for property owners, investors and developers. At Basik Money we understand that property enthusiasts come across opportunities that are too good to miss, although they don’t have the available funds.