Loan Secured by Property: Risks, Laws, and Options Explained
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💡 What exactly is a secured loan? Ian explains 👇 A secured loan is a way to borrow money using your property as security. It can be useful if you: 🏠 Already have a mortgage but need to borrow more 💷 Want to fund home improvements, consolidate debts, or cover big expenses 📉 Don’t want to remortgage (perhaps because your current deal is competitive) But remember - because your property is used as security, your home could be at risk if you don’t keep up repayments. Ian breaks down how secured
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