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UK Loans Secured

Are you in financial trouble? Talk to your loan provider.

In the UK loans secured on property can lead to repossession if you fall behind on your payments. However, repossession is a last resort for lenders and if you're in financial trouble, you should speak to your lender as soon as possible. The worst thing you can do is pretend everything's OK.

UK loans secured on property can ultimately mean you lose your house if you fail to keep up the repayments, and repossession is an option available to lenders when you take out a mortgage, second mortgage or secured personal loan. However, for most lenders repossession is a last resort. If you're in trouble then speak to your lender sooner rather than later; you might find them surprisingly sympathetic.
If you have UK loans secured on your property and you're unable to make the payments – and you didn't take out payment protection insurance – then the sooner you take action the better. Most lenders will attempt to restructure your debt in such a way that you can continue to repay them, albeit over a longer term. Don't look for a quick fix, though: if you borrow even more money to try and solve your problems, you'll just end up in an even deeper financial hole. helps you find the best loans companies for your specific needs, and gives you background information on the various types of loans available in our loans articles, more loans articles and still more loans articles.

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