- Secured Loans HSBC can be a low-cost way of borrowing money against your home
- Loans typically above £10,000
- 6.21% APRC rate
- You don’t need to be an existing customer
- You can keep your existing mortgage
- Up to 90% LTV (loan to value)
HSBC Secured Loans alternative lender illustration
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd for lower credit scores: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
How does a secured loan work?
Total payable when you are able to borrow:
£12,696.20
Fees for a longer period getting a secured loan
£1,595
The overall cost for comparison family member
9.8% APRC
To pay off the balance over 60 months
direct debit £185.02 p/m larger amounts
The lender could take possession of your home if you don’t pay them on time. You must pay the money back as it is easier to get credit in the future will depend on this.
Together with a second mortgage known as homeowner loans – a higher rate than an HSBC Home Loan – secured loans are easier for higher loan amounts
Together: Together second mortgage secured and unsecured loan with flexible personal circumstances
Total payable five years
£13,331.60
Fees
£1,550
The overall cost for comparison
lender’s standard variable rate 12.0% APRC interest overall
To pay off the balance over 60 months
repayments could be £196.36 p/m
Pay back secured loan early: free
Are you considering a Santander mortgage for over 60s without early repayment fees?
The forecast demand for a Santander mortgage age limit is very substantial. The main features of Santander interest only lifetime mortgages are the servicing of existing credit card debt, the impact of loan arrears, the delays in the lenders valuation and the evidence of gambling on bank statements.
What are secured loans?
types of secured loans Norton Home Loans offer secured loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans for lower credit scores: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
The total payable debt secured less risky
£13,771.60
Fees secured loans cost
£1,375
The overall cost for comparison with flexible personal circumstances
13.4% APRC lower interest rates
To pay off the balance over 60 months
£206.61 p/m make repayments on time
Nationwide Home Improvement Loans
advantages of secured loans Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – poor terms compared with an HSBC Bank Loan
Central Trust Ltd unsecured personal loan: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£13,905.20
Fees
£1,595
The overall cost for comparison
13.8% APRC
To pay off the balance over 60 months
£205.17 p/m
debt consolidation loans secured Optimum Credit Ltd Second Charge – High fees compared with an HSBC Secured Term Loan of 10 years
Optimum Credit Ltd for good credit score: Optimum Credit Ltd Second Charge borrow money
Total payable lump sum
£14,121
Fees
£1,695
The overall cost for comparison
14.5% APRC higher than HSBC Secured Loan Rates
To pay off the balance over 60 months
monthly repayment £207.10 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee – her than a Secured Loan HSBC
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
How much equity could make a big impact on how lenders may see your application? The lender could go after your home if you default.
Secured Loans HSBC comparison example
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd for good credit score: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable lump sum
£15,136.80
Fees secured loans calculator
£1,815
The overall cost for comparison
9.5% APRC pay more interest
To pay off the balance over 60 months
monthly repayment is £222.03 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home loan with bad credit: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable unsecured credit lump sum
£16,526.40
Fees
£1,650
The overall cost for comparison
13.4% APRC
To pay off the balance over 60 months
£247.94 p/m
Secured Loans Natwest
Santander Homeowner Loan
TSB Secured Loan
Optimum Credit Ltd Second Charge – HSBC Secured Loan can be much cheaper
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£16,826.20
Fees
£1,915
The overall cost for comparison
14.2% APRC higher interest
To pay off the balance over 60 months
monthly repayment £248.52 p/m
Together second mortgage credit rating status poor
Together secured loan with bad credit: Together second mortgage
Total payable unsecured credit
£15,908.40
broker fees
£1,770
The overall cost for comparison
11.7% APRC
To pay off the balance over 60 months
monthly payments of £235.64 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable for good credit rating
£16,587
Fees
£1,815
loan to value ratio: 80%
The overall cost for comparison
13.6% APRC
To pay off the balance over 60 months
£246.20 p/m
Overall representative example to pay back other loans
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative – HSBC Homeowner Loan Rate much lower
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
valuation fees £195
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
pay off a secured loan early: free
HSBC Secured Personal Loans illustration for terms comparison
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£17,576.80
Fees
£2,035
The overall cost for comparison
9.3% APRC
loan to value ratio: 80%
To pay off the balance over 60 months
£259.03 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£19,531.40
Fees
£2,135
The overall cost for comparison
14.0% APRC
To pay off the balance over 60 months
£289.94 p/m
Secured loans work as the last resort to consolidate debt if you are not able to get another type of HSBC unsecured personal loan
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£19,280.60
Fees
£1,925
The overall cost for comparison
13.4% APRC
loan to value ratio: 80%
To pay off the balance over 60 months
£289.26 p/m
Most secured loans allow you to borrow larger sums and pay back the loan early without a penalty
Together with the second mortgage
Together: Together second mortgage
Total payable
£18,484.60
Fees
£1,990
The overall cost for comparison
11.5% APRC
To pay off the balance over 60 months
£274.91 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£19,268.80
Fees
£2,035
The overall cost for comparison
13.4% APRC
To pay off the balance over 60 months
£287.23 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative – Homeowner Loan HSBC can be a much lower APRC rate
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530 – HSBC Homeowner Loan has no broker fee.
Lender fee
£495 – HSBC Homeowner Loan Rates lower and no lenders fee
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
Homeowner Loans HSBC alternative lender
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£20,532.60
Fees
£2,145
The overall cost for comparison
6.6% APRC
To pay off the balance over 120 months
£153.23 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£24,949
Fees
£2,245
The overall cost for comparison
11.2% APRC
To pay off the balance over 120 months
£189.20 p/m
Most secured loans allow you to borrow larger sums and payback the loan early without a penalty
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£22,456.80
Fees
£1,650
The overall cost for comparison
8.6% APRC
To pay off the balance over 120 months
£173.39 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£24,669.30
Fees
£2,062.50
The overall cost for comparison
10.9% APRC
To pay off the balance over 120 months
£188.39 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£22,676.40
Fees
£2,100
The overall cost for comparison
8.9% APRC
To pay off the balance over 120 months
£171.47 p/m
Most secured loans allow you to borrow larger sums and payback the loan early without a penalty
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – HSBC Homeowner Loans could be a much lower overall cost with no brokers fee.
Central Trust Ltd: Central Trust Ltd allow you to borrow at an outstanding loan to value but they will look at your credit report and credit cards
Total payable
£24,462.60
Fees
£2,145
The overall cost for comparison
10.7% APRC
To pay off the balance over 120 months
£185.98 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Homeowner Loans lender alternative for bad credit homeowner
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£22,375.20
Fees
£2,145
The overall cost for comparison
5.7% APRC
To pay off the balance over 180 months
£112.39 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£29,470
Fees
£2,245
The overall cost for comparison
10.3% APRC
To pay off the balance over 180 months
£151.25 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£25,768.20
Fees
£1,650
The overall cost for comparison
8.0% APRC
To pay off the balance over 180 months
£133.99 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£29,127.30
Fees
£2,062.50
The overall cost for comparison
10.1% APRC
To pay off the balance over 180 months
£150.36 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£25,843.80
Fees
£2,100
The overall cost for comparison
8.0% APRC
To pay off the balance over 180 months
£131.91 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – Homeowner Loans HSBC is likely a better deal.
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£28,732.80
Fees
£2,145
The overall cost for comparison
9.8% APRC
To pay off the balance over 180 months
£147.71 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Homeowner Loan failed credit score could consider alternative lender below illustration
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£24,323.40
Fees
£2,145
The overall cost for comparison
5.3% APRC
To pay off the balance over 240 months
£92.41 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£34,405
Fees
£2,245
The overall cost for comparison
9.9% APRC
To pay off the balance over 240 months
£134 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£29,346
Fees
£1,650
The overall cost for comparison
7.7% APRC
To pay off the balance over 240 months
£115.40 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£33,992.10
Fees
£2,062.50
The overall cost for comparison
9.7% APRC
To pay off the balance over 240 months
£133.04 p/m
Together with a second mortgage
Together: Together second mortgage
Total payable
£29,258.40
Fees
£2,100
The overall cost for comparison
7.6% APRC
To pay off the balance over 240 months
£113.16 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – HSBC Secured Loans likely a better deal over this term
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£33,385.80
Fees
£2,145
The overall cost for comparison consolidation loan HSBC
9.4% APRC
To pay off the balance over 240 months
£130.17 p/m
Overall representative example
Based on borrowing HSBC secured loans
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate with an HSBC loan consolidation
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
Did you fail the Homeowner Loan HSBC credit score? Alternative lender example
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£26,373
Fees
£2,145
The overall cost for comparison
5.0% APRC
To pay off the balance over 300 months
£80.76 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable on an HSBC consolidation loan
£39,700
Fees
£2,245
The overall cost for comparison
9.6% APRC
To pay off the balance over 300 months
£124.85 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable HSBC secured loans
£33,168
Fees
£1,650
The overall cost for comparison
7.5% APRC
To pay off the balance over 300 months
£105.06 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans – HSBC Secured Personal Loans could be a cheaper deal
Total payable
£39,211.50
Fees
£2,062.50
The overall cost for comparison
9.5% APRC
To pay off the balance over 300 months
£123.83 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£32,907
Fees
£2,100
The overall cost for comparison
7.4% APRC
To pay off the balance over 300 months
£102.69 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards – Secured Loans HSBC is likely a cheaper offering.
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£38,379
Fees
£2,145
The overall cost for comparison
9.2% APRC
To pay off the balance over 300 months
£120.78 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
Poor credit may make HSBC Homeowner Loan Rates unobtainable – alternative lender
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£28,522.20
Fees
£2,145
The overall cost for comparison
4.9% APRC
To pay off the balance over 360 months
£73.27 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£37,214.40
Fees
£1,650
The overall cost for comparison
7.4% APRC
To pay off the balance over 360 months
£98.79 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£36,764.40
Fees
£2,100
The overall cost for comparison
7.2% APRC
To pay off the balance over 360 months
£96.29 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee secured loans car
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
Failed HSBC Homeowner Loan Rate credit score – find an alternative illustration from another lender
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£24,898
Fees
£2,695
The overall cost for comparison
9.0% APRC
To pay off the balance over 60 months
£370.05 p/m
Is getting a secured loan a good idea?
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£27,647
Fees
£2,795
The overall cost for comparison
13.6% APRC
To pay off the balance over 60 months
£414.20 p/m
What are 5 examples of a secured loan?
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£27,543.80
Fees
£2,750
The overall cost for comparison
13.4% APRC
To pay off the balance over 60 months
£413.23 p/m
What are the main advantages of a secured loan?
Together with a second mortgage
Together: Together second mortgage
Total payable
£26,361.80
Fees
£2,798
The overall cost for comparison
11.5% APRC
To pay off the balance over 60 months
£392.73 p/m
Is a secured loan right for me?
Central Trust Ltd allow you to borrow at an outstanding loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at an outstanding loan to value but they will look at your credit report and credit cards
Total payable
£27,314.80
Fees
£2,695
The overall cost for comparison
13.0% APRC
To pay off the balance over 60 months
£410.33 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Secured Loan lender rejections could consider an alternative lender
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£27,211
Fees
£2,695
The overall cost for comparison
6.5% APRC
To pay off the balance over 120 months
£204.30 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£33,067.40
Fees
£2,795
The overall cost for comparison
11.0% APRC
To pay off the balance over 120 months
£252.27 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£29,942.80
Fees
£2,200
The overall cost for comparison
8.6% APRC
To pay off the balance over 120 months
£231.19 p/m
Does HSBC offer Homeowner Loans for Bad Credit?
Yes, HSBC Homeowner Loans for Bad Credit are 2.79% MER.
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£32,892.80
Fees
£2,750
The overall cost for comparison
10.9% APRC
To pay off the balance over 120 months
£251.19 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£30,233.60
Fees
£2,798
The overall cost for comparison
8.9% APRC
To pay off the balance over 120 months
£228.63 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£32,451.40
Fees
£2,695
The overall cost for comparison
10.5% APRC
To pay off the balance over 120 months
£247.97 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
Secured Loan HSBC
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£29,668
Fees
£2,695
The overall cost for comparison
5.6% APRC
To pay off the balance over 180 months
£149.85 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£39,095.60
Fees
£2,795
The overall cost for comparison
10.2% APRC
To pay off the balance over 180 months
£201.67 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£34,357
Fees
£2,200
The overall cost for comparison
8.0% APRC
To pay off the balance over 180 months
£178.65 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£38,836.40
Fees
£2,750
The overall cost for comparison
10.1% APRC
To pay off the balance over 180 months
£200.48 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable
£34,454.60
Fees
£2,798
The overall cost for comparison
8.0% APRC
To pay off the balance over 180 months
£175.87 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£38,146
Fees
£2,695
The overall cost for comparison
9.8% APRC
To pay off the balance over 180 months
£196.95 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Secured Loan Rates
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£32,265.40
Fees
£2,695
The overall cost for comparison
5.2% APRC
To pay off the balance over 240 months
£123.21 p/m
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£45,673.40
Fees
£2,795
The overall cost for comparison
9.8% APRC
To pay off the balance over 240 months
£178.66 p/m
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£39,126.40
Fees
£2,200
The overall cost for comparison
7.7% APRC
To pay off the balance over 240 months
£153.86 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£45,321.20
Fees
£2,750
The overall cost for comparison
9.7% APRC
To pay off the balance over 240 months
£177.38 p/m
Does HSBC offer Secured Homeowner Loans?
Yes, HSBC Secured Homeowner Loans are 2.79% APR.
Together with the second mortgage
Together: Together second mortgage
Total payable
£39,011.60
Fees
£2,798
The overall cost for comparison
7.6% APRC
To pay off the balance over 240 months
£150.89 p/m
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£44,349.40
Fees
£2,695
The overall cost for comparison
9.4% APRC
To pay off the balance over 240 months
£173.56 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Secured Term Loan UK
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£34,999
Fees
£2,695
The overall cost for comparison
5.0% APRC
To pay off the balance over 300 months
£107.68 p/m
Does HSBC offer Homeowner Loans?
Yes, HSBC Homeowner Loans are 2.79% MER.
Optimum Credit Ltd Second Charge
Optimum Credit Ltd: Optimum Credit Ltd Second Charge
Total payable
£52,736
Fees
£2,795
The overall cost for comparison
9.6% APRC
To pay off the balance over 300 months
£166.47 p/m
Do HSBC do Secured Homeowner Loans?
Yes, HSBC Secured Homeowner Loans are 2.79% APRC.
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£44,224
Fees
£2,200
The overall cost for comparison
7.5% APRC
To pay off the balance over 300 months
£140.08 p/m
Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Norton Home Loans: Norton Home Loans apply for a secured mortgage with a great interest rate – variable rate debt consolidation loans
Total payable
£52,283
Fees
£2,750
The overall cost for comparison
9.5% APRC
To pay off the balance over 300 months
£165.11 p/m
Does HSBC offer Equity Release Under 55?
Yes, HSBC Equity Release Under 55 is 2.79% APRC.
Together with the second mortgage
Together: Together second mortgage
Total payable
£43,874
Fees
£2,798
The overall cost for comparison
7.4% APRC
To pay off the balance over 300 months
£136.92 p/m
Do HSBC do Secured Loans?
Yes, HSBC does secured loans at 2.79% APRC.
Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Central Trust Ltd: Central Trust Ltd allow you to borrow at a great loan to value but they will look at your credit report and credit cards
Total payable
£51,010
Fees
£2,695
The overall cost for comparison
9.2% APRC
To pay off the balance over 300 months
£161.05 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Bank Loan
Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Masthaven Bank Ltd: Masthaven Bank Ltd 2nd Mortgage – find the best type of loan
Total payable
£37,863.40
Fees
£2,695
The overall cost for comparison
4.8% APRC
To pay off the balance over 360 months
£97.69 p/m
Does HSBC offer Direct Lender Secured Loans?
Yes, HSBC Direct Lender Secured Loans are 2.79% MER.
Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Step One Finance Limited: Step One Finance Limited annual percentage rate and loan repayments plus arrangement fees
Total payable
£49,619.20
Fees
£2,200
The overall cost for comparison
7.4% APRC
To pay off the balance over 360 months
£131.72 p/m
Together with the second mortgage
Together: Together second mortgage
Total payable HSBC debt consolidation loan
£49,018.40
Fees
£2,798
The overall cost for comparison
7.2% APRC
To pay off the balance over 360 months
£128.39 p/m
Overall representative example
Based on borrowing
£18,000 over 120 months
The overall cost of comparison
9.1% APRC representative
Borrowing rate debt consolidation HSBC
6.5% per annum for the first 60 months, followed by 60 months at the lender’s standard variable borrowing rate of 4.95% above the Bank of England Base Rate. There would be 60 monthly instalments of £227.38 followed by 60 instalments of £221.71
Broker fee
£1,530
Lender fee
£495
Total amount payable
£26,945.40 comprised of a loan amount of £18,000 and interest of £6,920.40
HSBC Home Loan – HSBC Homeowner Loan
Some people looking for smaller loans may be better off with a no credit check loan deal
This webpage is not owned or operated by HSBC Bank.
HSBC UK Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (Financial Services Register number: 765112).
HSBC UK Bank plc is a company incorporated under the laws of England and Wales with company registration number 9928412 and its registered office at 1 Centenary Square, Birmingham, B1 1HQ.
The Standards of Lending Practice which is monitored and enforced by The Lending Standards Board.
Further details can be found at www.lendingstandardsboard.org.uk
Does HSBC offer Loans without an arrangement fee?
Yes, HSBC Loans without an arrangement fee are 3.79% APR.
Does HSBC offer Homeowner loans with no early repayment charge?
Yes, HSBC Homeowner loans with no early repayment charge are 3.79% APR.
Does HSBC offer Secured loans with no broker fees?
Yes, HSBC Secured loans with no broker fees are 3.79% APR.
Does HSBC offer Homeowner loans to consolidate existing debts?
Yes, HSBC Homeowner loans to consolidate existing debts are 2.79% APR.
Does HSBC offer Loans To Consolidating Existing Borrowing?
Yes, HSBC Loans To Consolidating Existing Borrowing are 2.79% APRC.
Does HSBC offer Loans To Consolidating Existing Borrowing?
Yes, HSBC Loans To Consolidating Existing Borrowing are 2.79% APRC.
Does HSBC offer Unsecured Loans?
Yes, HSBC Unsecured Loans are 2.79% APR.
Does HSBC offer Personal Loans?
Yes, HSBC Personal Loans are 2.79% MER.
Does HSBC offer Home Equity Loans?
Yes, HSBC Home Equity Loans are 2.79% APR.
Does HSBC offer Debt Consolidation Loans?
Yes, HSBC Debt Consolidation Loans are 2.79% MER.
Does HSBC offer Home Equity Lines Of Credit?
Yes, HSBC Home Equity Lines Of Credit are 2.79% APRC.
Are you searching for a post office retirement interest-only mortgage ideal for larger amounts of cash?
The search volume for information on a post office mortgage interest rates is high. The key characteristics of post office retirement mortgages are the servicing of existing revolving credit, the effect of defaults, the delays in the home valuation and the insufficient personal income.
What are secured loans?
They are loans secured on property, usually the home you live in.
Is getting a secured loan a good idea?
It can be an excellent idea because you can replace other lines of credit at much higher interest rates.
How likely am I to be accepted for a secured loan?
Yes, there is a good chance if you can afford the repayments.