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Secured Loans

Secured loans at Fast Step are simple, fast and straight forward. Free yourself from unwanted debts. Get a loan for anything from £5000 to £100,000. Choose to repay over 3 year or 30 years. You can spread the cost of your loan and make the repayments easier to handle. Get on top of out of control debt and unwanted stress.

A secured loan is a loan where you will be required to use your property or Your business as security against the loan, so Fast Step is able to balance the risk of lending to you. The amount that can be borrowed, the terms available and the Annual Percentage Rate (APR) will depend on:

the value of your property or Business
your ability to repay the loan
your personal circumstances
You need to think very carefully about how you manage a secured loan. If you default on the loan you risk losing your home It is sometimes a better idea to raise a secured loan against your property rather than remortgage.
Examples may be where:
A quick turnaround is required
Your current mortgage carries a redemption penalty
Your mortgage lender will not consider a further advance

“Your home may be repossessed if you do not keep up repayments on your mortgage or any other debt secured on it”

Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your   mortgage.  There may be a fee for mortgage advice. The exact amount will depend on your circumstances, but we estimate it to be     £1500 / 1.5%.
 
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