Secured Loan or Remortgage?
Free 60-second check — Darryl tells you which saves you more money
Step 1 of 7
Why do you need to raise money?
This helps Darryl understand which option best fits your needs
🏠
Home improvements
Extension, loft, kitchen, bathroom
💳
Debt consolidation
Replace expensive monthly payments with one lower one
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Business capital
Fund a business start-up or expansion
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Property deposit
Fund a deposit on another property
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Other large purchase
Wedding, vehicle, education or other
Step 2 of 7
What is your current mortgage interest rate roughly?
This is the single most important factor in whether a secured loan or remortgage saves you more money
📉
Under 2.5%
Probably fixed pre-2022 — definitely worth keeping
📊
2.5% to 4%
Good rate — probably worth protecting
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4% to 5.5%
Average current rate — depends on situation
⚠️
Over 5.5%
Could be worth remortgaging entirely
🤷
Not sure
Darryl can look this up from your mortgage details
Step 3 of 7
Do you have early repayment charges on your current mortgage?
ERCs are charged if you leave your mortgage before the fixed rate ends — usually 1-5% of the balance
Yes — significant charges (over £2,000)
Strong case for secured loan to avoid paying them
⚠️
Yes — small charges (under £2,000)
May still be worth remortgaging depending on savings
No — I am on a standard variable rate or past my fixed term
Remortgaging may make more sense
🤷
Not sure
Darryl will check your mortgage terms
Step 4 of 7
How would you describe your credit history?
Honest answer gets you the most accurate recommendation
Clean — no missed payments or issues
Full range of options available
⚠️
Minor issues — 1-2 missed payments
Some lenders may still consider you
🔶
Moderate — defaults or CCJs
Specialist lenders needed
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Severe — IVA, bankruptcy or repossession
Very specialist approach needed — but still possible
Step 5 of 7
Roughly how much equity do you have in your property?
Equity = property value minus outstanding mortgage balance
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Under £50,000
May limit the amount available to borrow
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£50,000 to £100,000
Good level of equity — good range of options
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£100,000 to £200,000
Strong equity position — wide range of options
🏡
Over £200,000
Excellent equity — maximum flexibility
Step 6 of 7
How much are you looking to raise?
This affects whether a secured loan or remortgage is more cost-effective
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Under £25,000
Secured loan often better for smaller amounts
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£25,000 to £75,000
Depends on your existing mortgage rate and ERC situation
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£75,000 to £150,000
Larger amounts — remortgage may be competitive
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Over £150,000
Full remortgage assessment recommended
Step 7 of 7
Almost there — where should Darryl send your free assessment?
No credit search. No sales calls unless you want one. Darryl responds personally within 2 hours.
Your name
Phone number
Email address
🎉
Assessment Received!
Darryl will review your answers and tell you exactly whether a secured loan or remortgage is the better option for your situation — and why. You will hear back within 2 hours.
📞 01234 237321 ✅ FCA No. 301173 ⭐ 43 Five-Star Reviews 🔒 No credit search