Collateral Loans Against Property | Apply Now

Badger Loans is a broker not a lender.

Badger Loans will NEVER and does not charge any fees either up front or during any part of your loan process. Nor do we call our customers as we are 100% online. If you receive a phone call or any communication from anyone purporting to be from Badger Loans it is highly likely you are being scammed and you should not part with any money. Please always check the firm you are dealing with is licensed by the Financial Conduct Authority and clearly displays their FCA number. Ours is 747140. FCA Register Search >

Collateral Loans –
Borrow Money Against
Your Home

Collateral Loans for All Credit Ratings

Welcome to the Badger Loans Collateral Lending Page for Homeowners

If you’ve arrived here looking to refinance jewellery, a classic car or a possible antique you’ve just discovered in your loft, then unfortunately we no longer have anyone on our panel who can help. If It’s jewellery you have then we suggest a pawn broker and if it’s any other type of item it’s another search engine query. Collateral loans are also known as secured loans.

However, if your collateral or asset is your home then you have come to the right place!

Please be mindful the following is for HOMEOWNERS ONLY:

We have partnered with one of the best, if not THE best broker around who specialise in bad credit secured loans from direct lenders. If that wasn’t good enough we have also partnered with a direct lender in the form of UK Credit who will do a homeowner loan which is UNSECURED. That means if you default on the payments your home will not be taken from you. You must be a homeowner to access these deals.

Simply Zest trading as Charles Frank Finance Ltd – best bad credit secured loans on the net

As strange as it may seem, if you have a good credit history and want a secured loan against your property, car or jewellery, it can take up to 30 days to get cleared funds in your bank account. Got bad credit? We can do that in FIVE DAYS!  That’s why we use Charles Frank Finance Ltd who are brokers also known as Simply Zest. When you click on the Charles Frank link you will be taken to an application form for Simply Zest. This is Charles Franks trading name and once you’ve filled out their form you will be called by an expert within 2 minutes provided you called in office hours which are 9.00am-5.30pm.

Don’t want to wait 2 minutes for a phone call? Don’t blame you, get them now on:

02921 683 829

If you call outside office hours you will be called back within 1 working hour and will receive a Whatsapp acknowledgement of your call whatever the time. They will take a little more information from you then ring around and place your case with the best lender they can find. The difference here is that they actually do this and it works. Give them a try here:

Charles Frank Finance Ltd/ Simply Zest

UK Credit – unsecured loans for Homeowners

Our second UK Homeowner deal is via UK Credit who are a direct lender and have a fantastic deal for HomeOwners which is an unsecured loan. BUT you MUST be a homeowner to qualify and you will be asked to prove it. Here’s the deal:

Borrow between £3,000-£20,000 over 36-120 months or to put it another way you can borrow the money from between 3 and 10 years (subject to loan value). The Representative APR for this deal is 26.9%. Go to the link here: UK Credit Unsecured Loan for Homeowners

Remember that one of the biggest advantages of this loan is that it’s unsecured. That means if for whatever reason you can’t repay the loan, you will not have your home repossessed as a result. You might pay slightly more for this loan as it is unsecured but what price the safety of knowing your home is not at risk if you can’t keep up the repayments?

That’s it – 2 great deals from 2 great companies. One will find you the best rates for your situation from the best lenders while the other will lend you the money against your home but won’t snatch it back if the worst happens.

We wish you every success whichever one you choose.

All of the information below is purely for information purposes only and we cannot help you with any other types of loans against anything other than a property. However, the info below is relevant to collateral loans from other brokers and lenders so we felt it best to leave it there so you have more than one opinion to cross-check.

Key Features

  • Repay over 1 to 25 years
  • Use collateral to borrow money
  • You risk repossession if not repaid on time
  • No guarantor required

What Can I Use for Collateral Loans?

  • Houses and flats, property

Types of Collateral Loans

  • Debt consolidation loans
  • Homeowner loans
  • Second charge loans
  • Secured loans

What is the Eligibility for a Collateral Loan?

  • Over 18 years of age
  • Full-time UK resident
  • Can provide proof of ownership
  • Employed and earning a regular income
  • Able to afford repayments

What Information Do I Need to Apply?

When you apply for a collateral loan, you will usually undergo a few more checks than a regular unsecured loan. This is because you will need to provide proof of ownership of the collateral. A land registry check will usually be performed.

If it is a property, the lender will need to verify your ownership and you may need to provide recent utility bills. The lender will organise a chartered surveyor to provide an up-to-date valuation of your property too.

How Much Can I Borrow with Collateral Loans?

The amount you can borrow with collateral will depend on the value of your property and how much you own of it. If you are looking to use a property, it will depend on how much equity you have in the estate and your outstanding mortgage balance. The rule is that the more you own of the property, the more you can borrow. 

Will My Property Be Repossessed?

Yes, your property can be repossessed if you do not keep up with repayments. You will be required to make monthly repayments for your loan and the interest is usually quite low, since you have a valuable asset currently co-owned by the lender.

However, if you have missed a number of repayments and the lender is struggling to recover their initial funds, your collateral may be ceased and re-sold by the lender in order to cover their costs.

Repossession will incur costs for the lender (and possibly for you too) – so where possible, the lender will always contact your first be email, phone and letters before using repossession as a last resort.

Why Apply For A Personal Loan with Badger Loans?

  • Amount between £100-£25,000
  • Term from 12 months to 5 years
  • You need a Personal Loan
  • Good or Bad Credit
  • With or Without Guarantor

Legal Information

Rates from 12.9% APR to 1625.5% APR. The minimum Loan Term is 1 month. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. The total amount repayable is £1564.59. Interest amounts to £564.59, an annual interest rate of 59.97% Representative APR: 79.5% (variable).

Badger Loans