- Self-employed income accepted
- 100% of benefits accepted
- Zero hour contracts accepted
- Fixed & variable rates available
- Automated valuations accepted
Access the lending you need
Our loans are available for a range of purposes, from refurbishing your home and consolidating debt, to paying off a tax bill or managing your company's cash flow. With common sense lending at the heart of every decision, we can be a lot more flexible than other lenders, looking at your circumstances and affordability instead of just your credit score.
As long as the sums add up, we are happy to accept a range of income streams, including self-employed workers with at least a 12 month trading history, and people on benefits or zero hour contracts.
Automated valuations can be accepted, using data from a range of existing databases to automatically calculate a value for the property that the loan will be secured against , greatly reducing the timescales and costs required.
Why choose a Together loan?
We offer both commercial secured loans and personal secured loans, plus we're flexible on the properties you can secure your loan against and the people we'll provide a loan to. So whatever your circumstances, we'll take a look at your application.
And – unlike some lenders – we consider your individual circumstances, not just your credit profile, when making a decision. Because we understand that life happens, and there's more to your story than just numbers. It's not rocket science, but it means we can often lend when others can't.
Common questions about secured loans
What is a secured loan?
A secured loan, also known as a ‘second charge mortgage’ is a type of finance that allows you to borrow money against a property that you own.
The benefits of using your property as security mean that some lenders will be able to offer a larger loan with better interest rates, or offer you finance even if you have less than perfect credit.
However if you fail to keep up with payments, the property is at risk of repossession.
How do secured loans work?
When you take out a secured loan, you borrow a lump sum of cash against your property and repay it in monthly instalments (including interest) over an agreed number of years.
It has its own rate and terms, and you'll make repayments on both this and your existing mortgage.
What documents do I need for a secured loan?
We like to make your application as straightforward as possible. Not everyone’s circumstances will be the same and so we don’t ask for the same documents from everyone. Some standard documents we ask for are:
- Income information (Payslips, Tax Returns, etc)
- Company Structure form (if applying in a company name)
How long does it take to get a secured loan?
It takes roughly 3-4 weeks to get a secured loan, however a number of factors can cause the process to take slightly longer.
Ready to talk?Enquire today
Any property used as security, including your home, may be repossessed if you do not keep up repayments on your loan or any other debt secured on it.