Secured loans are a powerful way to borrow larger amounts at potentially lower interest rates. However, with so many UK lenders offering varying terms and features, finding the best option can quickly become overwhelming. In this guide, we’ll look at how a whole-of-market advisor can help streamline your search and share our top five secured loan lenders for 2025.
Why Use a Whole-of-Market Advisor?
A whole-of-market advisor is an independent specialist who can assess the entire spectrum of lenders and secured loan products. Unlike going directly to one lender—or a limited panel of lenders—you’ll receive recommendations tailored to your specific financial goals, property type, and credit status.
Key Benefits
- Access to a Wider Range of Lenders
Advisors tap into smaller or niche lenders that you may not find on your own. - Tailored Recommendations
They review your income, outgoings, credit history, and collateral to pinpoint suitable deals. - Expert Negotiation
Established relationships with lenders often mean they can secure more favourable interest rates and terms. - Time-Saving
Rather than comparing every lender independently, you’ll have a curated shortlist of the most competitive offers.
Related Resource: For an in-depth comparison between secured and unsecured borrowing, visit Secured vs Unsecured Loans: Which Is Right for You?.
Illustrative Example
James and Lucy from Manchester initially went to their bank for a £50,000 secured loan for home renovations. The high interest rate didn’t reflect their true affordability—especially given their variable income streams. A whole-of-market advisor found them a 5% fixed APR over 15 years, saving them around £12,000 compared to their bank’s offer.
Our Top 5 Secured Loan Lenders for 2025
Below are five noteworthy secured loan providers currently active in the UK. Each has specific strengths, from high loan-to-value (LTV) ratios to accommodating borrowers with unique financial profiles. Remember: these examples are guides, not one-size-fits-all recommendations. The best option will hinge on your individual needs and eligibility.
Note: Figures correct at the time of publishing; always confirm the latest rates and criteria with each lender.
Lender | Our Rating | Maximum LTV | Loan Amounts | Loan Terms | Rate Options |
---|---|---|---|---|---|
Pepper Money | 4.5/5 | 80% | £5,000 to £1 million | 3 to 30 years | Fixed, Variable |
Norton Home Loans | 4.5/5 | 80% | £3,000 to £250,000 | 1 to 25 years | Fixed, Variable |
Central Trust | 4.5/5 | 90% | £10,000 to £250,000 | 3 to 25 years | Fixed, Variable |
United Trust Bank | 4.2/5 | 85% | £10,000 to £500,000 | 3 to 30 years | Fixed, Variable |
Together | 4.0/5 | 85% | £10,000 to £500,000 | 3 to 30 years | Fixed, Variable |
1. Pepper Money
Max LTV: 80%
Amount: £5k–£1m
Term: 3–30 years
Rating: 4.5/5
Why Consider Pepper Money?
Pepper Money appeals to those who need high borrowing limits and a variety of repayment terms. They often cater to self-employed applicants or borrowers with complex financial histories.
2. Norton Home Loans
Max LTV: 80%
Amount: £3k–£250k
Term: 1–25 years
Rating: 4.5/5
Why Consider Norton Home Loans?
Norton excels at tailoring deals to diverse borrower profiles—particularly those seeking smaller loan amounts or shorter terms. They can be flexible with credit issues, making them an option for a broad range of clients.
3. Central Trust
Max LTV: 90%
Amount: £10k–£250k
Term: 3–25 years
Rating: 4.5/5
Why Consider Central Trust?
Central Trust is notable for offering up to 90% LTV, making it valuable if you haven’t built up much equity in your property. Their flexible approach can suit those who need larger sums but don’t have significant collateral.
4. United Trust Bank
Max LTV: 85%
Amount: £10k–£500k
Term: 3–30 years
Rating: 4.2/5
Why Consider United Trust Bank?
United Trust strikes a good balance between competitive interest rates and flexibility. Their range of loan sizes caters to medium or high-value borrowing—whether for home improvements or consolidating multiple debts.
5. Together
Max LTV: 85%
Amount: £10k–£500k
Term: 3–30 years
Rating: 4.0/5
Why Consider Together?
Together is adept at handling borrowers with unusual income streams or properties. If you have a unique financial situation, they’re known for a more case-by-case approach.
Tips for Securing the Best Deal
Even with reputable lenders, it’s crucial to do your own due diligence. Below are some pointers to ensure you get a loan that truly meets your objectives.
- Compare Rates Across the Market
- Focus on the Annual Percentage Rate of Charge (APR) and any fees (e.g. arrangement, valuation, early repayment).
- For a comprehensive overview, you can Compare Secured Loans on Squared Money.
- Understand Loan-to-Value (LTV) Ratios
- LTV measures how much you’re borrowing relative to your property’s value.
- A higher LTV (e.g. 90%) can widen your borrowing scope but may come with steeper rates or stricter criteria.
- Choose the Right Rate Type
- Fixed Rates: Provide predictable monthly payments, helpful for budgeting.
- Variable Rates: Potentially lower costs if the market is stable, but risk rising payments if interest rates go up.
- Seek Professional Advice
- If you’re consolidating debts into one secured loan, consider reading Secured Loans for Debt Consolidation: Is It Right for You?.
- A mortgage broker or adviser can help you navigate complex terms and highlight hidden costs.
- Check Eligibility Before Applying
- Some lenders offer quick, soft-search eligibility checks—like Norton Home Loans—so you don’t harm your credit score with multiple applications.
- Confirm you meet the lender’s basic criteria (e.g. minimum income, property type).
Squaring Up
Finding the best secured loan goes beyond comparing high-street names. By partnering with a whole-of-market advisor, you gain access to lenders who may offer more flexible or competitive deals—especially if you have non-traditional income or limited equity. Always review loan terms carefully, check your LTV, and pick a repayment structure that fits your long-term financial strategy.
While Pepper Money, Norton Home Loans, Central Trust, United Trust Bank, and Together rank among the notable lenders for 2024, your ideal loan might come from a smaller lender specialising in your unique situation. Remember to:
- Explore all fees and charges alongside the headline interest rate.
- Assess whether fixed or variable rates align with your risk tolerance.
- Conduct soft-search eligibility checks whenever possible to protect your credit profile.
Ready to begin? You can Calculate and Compare Loans or Check Your Eligibility for a tailored list of secured loan offers. With a proactive approach—and a whole-of-market perspective—you’ll be well on your way to finding the secured loan that perfectly suits your goals.
Disclaimer: This guide offers general information and does not constitute financial advice. Always consult a qualified professional for personalised recommendations.