Compare secured loans by borrowing limit
Unlock and compare flexible borrowing limits - from modest boosts to major funding.
Related articles
Secured Loan Limits Explained
Whatever your reason for borrowing, you'll have noticed that secured loans can offer far higher borrowing limits than personal loans. But how much can you actually borrow - and how do lenders decide on the amount? Let's look at different loan amounts and how the process works for each.
Why borrowing limits vary
While one lender might offer £30,000, another could offer £150,000. It all hinges on your situation - but here's what typically makes the biggest impact:
- Property equity: The more equity you have, the higher your borrowing potential
- Loan-to-value ratio (LTV): Lenders usually cap loans at a percentage of your property's value
- Your credit profile: Better credit means better rates and higher borrowing limits
- Your budget: Can you realistically afford the repayments?
- Lender policy: Some lenders are more flexible than others - especially with larger loans
Comparing loans under £50,000
Smaller loans are easier to get approval for, and usually have quicker turnaround times.
- Faster approval: Less paperwork and lighter checks
- Ideal for: Home improvements, buying a car, or consolidating smaller debts
- Lower equity: Suitable for those with less property value
- Fair credit: Easier to qualify even without perfect credit
- Terms: Typically 3–10 years
- Valuation: Some lenders waive full property valuation
Loans between £50,000 and £100,000
This is the sweet spot for bigger life plans without venturing into high-risk territory.
- Ideal for: Major renovations, business, or clearing large or multiple debts
- Competitive rates: Often better than unsecured borrowing at this level
- Stricter checks: Lenders will assess your equity and income in detail
- Detailed proposals: You may need to outline exactly how funds will be used
- Terms: Can stretch up to 25 years, with lower monthly repayments
- More negotiation: Room for rate negotiation with good financials
Loans over £100,000
These are heavyweight loans - but they may come with much more scrutiny.
- Ideal for: Property development, business expansion, or high-value debt restructuring
- Equity-rich: Applicants will need significant available equity in their property
- Full underwriting: Full property valuation, and income and affordability checks are standard
- Longer approval: Due diligence is more intensive and may take longer
- Terms: Often 10–30 years, depending on the lender and loan purpose
- Better rates: Potential for low interest rates with strong financials and security
Summing up
Whether you're borrowing £20,000 or £200,000, the key is knowing how much equity you have, what lenders look for, and which type of loan fits your goals best. The good news? There are options for every kind of borrower - you've just got to match the right loan to your needs.
Frequently Asked Questions: Secured Loans
How much can I borrow with a secured loan in the UK?
The amount you can borrow depends on your property's equity, your income, credit score, and the lender's criteria. Most lenders offer anywhere from £10,000 up to £500,000 or more. If you've got significant equity and stable finances, higher borrowing amounts are much more likely to be approved.
How much can I borrow with a secured loan in the UK?
The amount you can borrow depends on your property's equity, your income, credit score, and the lender's criteria. Most lenders offer anywhere from £10,000 up to £500,000 or more. If you've got significant equity and stable finances, higher borrowing amounts are much more likely to be approved.
Will I need a valuation for a secured loan?
In most cases, yes. Lenders usually want to confirm the value of your property to calculate how much equity you have. Some use instant online valuations, while others may ask a professional surveyor to visit. Larger loans almost always need a full valuation before approval can be given.
Will I need a valuation for a secured loan?
In most cases, yes. Lenders usually want to confirm the value of your property to calculate how much equity you have. Some use instant online valuations, while others may ask a professional surveyor to visit. Larger loans almost always need a full valuation before approval can be given.
Will I need a valuation for a secured loan?
In most cases, yes. Lenders usually want to confirm the value of your property to calculate how much equity you have. Some use instant online valuations, while others may ask a professional surveyor to visit. Larger loans almost always need a full valuation before approval can be given.
Will I need a valuation for a secured loan?
In most cases, yes. Lenders usually want to confirm the value of your property to calculate how much equity you have. Some use instant online valuations, while others may ask a professional surveyor to visit. Larger loans almost always need a full valuation before approval can be given.
Can I get a secured loan with bad credit?
Yes, you can still get a secured loan with poor credit, because the loan is backed by your property. That said, your interest rate may be higher, and the amount you can borrow could be lower. Lenders will focus heavily on your equity and ability to afford the repayments.
Can I get a secured loan with bad credit?
Yes, you can still get a secured loan with poor credit, because the loan is backed by your property. That said, your interest rate may be higher, and the amount you can borrow could be lower. Lenders will focus heavily on your equity and ability to afford the repayments.
Can I get a secured loan with bad credit?
Yes, you can still get a secured loan with poor credit, because the loan is backed by your property. That said, your interest rate may be higher, and the amount you can borrow could be lower. Lenders will focus heavily on your equity and ability to afford the repayments.
Do all lenders offer high borrowing amounts?
No, lending limits vary widely. Some lenders specialise in smaller secured loans, while others are more open to lending above £100,000. The maximum you can borrow also depends on your financial profile. Always compare lenders to see who offers the best terms based on your specific situation.
Do all lenders offer high borrowing amounts?
No, lending limits vary widely. Some lenders specialise in smaller secured loans, while others are more open to lending above £100,000. The maximum you can borrow also depends on your financial profile. Always compare lenders to see who offers the best terms based on your specific situation.
Do all lenders offer high borrowing amounts?
No, lending limits vary widely. Some lenders specialise in smaller secured loans, while others are more open to lending above £100,000. The maximum you can borrow also depends on your financial profile. Always compare lenders to see who offers the best terms based on your specific situation.
What's the difference between equity and LTV?
Equity is the portion of your home you own outright - your property's value minus your mortgage balance. LTV (loan-to-value) is how much you're borrowing as a percentage of your home's value. For example, borrowing £75,000 on a £300,000 home means your LTV is 25% and your equity is 75%.
What's the difference between equity and LTV?
Equity is the portion of your home you own outright - your property's value minus your mortgage balance. LTV (loan-to-value) is how much you're borrowing as a percentage of your home's value. For example, borrowing £75,000 on a £300,000 home means your LTV is 25% and your equity is 75%.
What's the difference between equity and LTV?
Equity is the portion of your home you own outright - your property's value minus your mortgage balance. LTV (loan-to-value) is how much you're borrowing as a percentage of your home's value. For example, borrowing £75,000 on a £300,000 home means your LTV is 25% and your equity is 75%.
What's the difference between equity and LTV?
Equity is the portion of your home you own outright - your property's value minus your mortgage balance. LTV (loan-to-value) is how much you're borrowing as a percentage of your home's value. For example, borrowing £75,000 on a £300,000 home means your LTV is 25% and your equity is 75%.
Articles that might interest you
Secured Loan Repayment Calculator | Estimate Your Monthly Payments
Calculate your monthly payments on a secured loan with our free calculator. Enter loan amount, term and interest rate to see estimated payments instantly.
Secured Loans Glossary – 25 Terms to Know
Learn the essential terminology of secured loans. Our glossary explains 25 key terms in simple language.
Secured loans vs. personal loans
Which type of loan works best for your money goals, lifestyle, and long-term plans?
