A secured loan is a loan that requires the borrower to provide the lender with some form of protection. This protection will be the borrower's property, in any case of whether it is mortgaged or owned out-and-out as loans secured against property that is before now mortgaged are known as second charges. In case of loans secured against a property owned out-and-out with no offered mortgage in place are known as primary charges.

Secured landowner loans are offered in varying amounts and for many different purposes, as well as debt consolidation and the amount available generally ranges from £3,000 to £50,000. The borrowed amount is repaid monthly over a term agreed at the outset, ranging between 3 years and 25 years. Attention, check each lender’s individual policy as you may be charged a penalty if you repay your loan earlier than agreed.