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Here is where large loans might help you

Specialist whole-of-market lending solutions structured across 90+ UK lenders. Rapid decisions, direct underwriting criteria, and competitive terms for complex borrowing requirements.

Whole-of-Market Access: Over 10,000 specialist lending products
Fast Completion Speeds: Dedicated broker underwriting for time-sensitive deals
FCA-Authorised Guidance: 35+ years independent UK credit brokerage

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Here’s where large loans might help you.

Please forgive the “Carry On Borrowing” reference, but it seems more people are now using secured loans for very large loans amounts.

Go back 10 years and the average loan was £20,000 to £25,000

Find the right type of large loan for you – Click Here

Now large loans of £100,000 to £200,000 secured loans are more common

Here are some typical reasons you may not be aware of:

Debt consolidation – secured loan

lenders are far more willing to consider loans for large amounts of debt consolidation than most first mortgage lenders. We have arranged loans well over £100,000 mainly for debt consolidation

High LTV – No equity

Large secured loans could allow you to borrow up to 100% of the value of your property to release can for personal or business use.

Secured Loans for poor credit

If you have poor credit you are more likely to be accepted for a secured loan than a remortgage. Also a remortgage may mean paying a higher rate – it may be cheaper to keep the mortgage and just have extra borrowings on the loan.

The property type

Construction or property condition may not be catered for by the most competitive mortgage lenders. A secured loan could be the answer.

Tied in to a fixed rate mortgage?

Rather than remortgage to raise cash you can look at a secured loan with a variable rate or a 2 year / 5 year fixed rate with no early redemption charges – then you could remortgage at a later date when there are no penalties.

Loan Purpose

Sometimes the loan purpose restricts the choice of remortgage lender and increases the remortgage rate available – eg business purposes, tax etc – It’s often better to borrow the extra amount on a secured loan and keep the low mortgage rate

The good news is that Promise Money will look at both the secured loan and remortgage options to help you raise cash – compare the costs – and then advise you which is suitable.

So whether you are thinking of a loan or a mortgage, it makes sense to talk to Promise Money

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Whole-of-Market Guidance for Large Secured Loans

Securing competitive terms on large secured loans requires expert underwriting knowledge. In addition, our specialist broker team works directly with over 90 specialist lenders across the UK.

Consequently, reviewing your large secured loans options with an FCA-authorised specialist credit broker ensures whole-of-market access while avoiding unnecessary fees and delays.

Specialist Underwriting & Whole-of-Market Access

Because specialist lending facilities require bespoke underwriting, comparing lenders across the UK is essential. Explore our complete guide to Secured Loans Desk to understand how different lending criteria apply to your requirements.

Promise Money is an independent credit broker authorised and regulated by the Financial Conduct Authority (FRN 681423). Our experienced team reviews your specific circumstances to secure optimal terms across 90+ UK lenders.

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Key Takeaways: Large Secured Loans Checklist

Additionally, property valuations can often be expedited using automated models, significantly reducing upfront costs and surveyor delays.

Furthermore, specialist secured loan lenders assess affordability using total household income and realistic expenditure assessments.

Consequently, homeowners can secure substantial borrowing amounts even with historic credit blips or non-standard employment income.

Therefore, working with Promise Money ensures you compare optimal rates and terms across 90+ UK specialist lenders.

Specifically, flexible repayment options—including fixed, variable, and interest-only structures—can be tailored to your monthly budget.

Moreover, your existing low-rate primary mortgage remains 100% untouched, avoiding early repayment charges.

In addition, loan proceeds can be used for home improvements, debt consolidation, tax bills, or major personal investments.

Crucially, borrowers facing adverse credit, defaults, or past CCJs can secure competitive homeowner loan terms through our panel.

In practice, our dedicated loan advisers manage the entire application from initial quote through to fund release.

Above all, borrowing against your home equity typically offers lower monthly repayments than short-term unsecured credit.

As a result, homeowners retain complete financial control and enjoy clearer, more manageable single monthly commitments.

After all, independent whole-of-market advice ensures you never pay unnecessary broker fees or inflated interest rates.

Meanwhile, loans from £10,000 to £2,500,000 are available over flexible terms ranging from 3 to 30 years.

Indeed, rapid decision turnaround gives you the confidence to plan major financial commitments without unnecessary waiting.

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