• Home
  • Privacy Policy
  • Editorial Policy
  • About Us
  • Contact Us
  • Web Stories
Saturday, August 2, 2025
London Journal | The Voice of London
  • Home
  • Politics
    Labour-backing Gary Neville slams Rachel Reeves over crippling tax hikes on businesses

    Labour-backing Gary Neville slams Rachel Reeves over crippling tax hikes on businesses

    Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

    Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

    Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

    Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

    Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

    Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

    Trending Tags

    • Business
      • All
      • Digital Marketing
      • Real Estate
      Ipswich local news site launches seed funding round after first year

      Ipswich local news site launches seed funding round after first year

      AI Overviews cutting publisher clickthrough rates by 50%, new report finds

      AI Overviews cutting publisher clickthrough rates by 50%, new report finds

      Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

      Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

      News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

      News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

      Trending Tags

      • Tech
        Nest of radioactive WASPS found at nuclear site by officials

        Nest of radioactive WASPS found at nuclear site by officials

        Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

        Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

        Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

        Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

        ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

        ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

        Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

        Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

        Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

        Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

      • Health
      • Science

        We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

        Almost everyone is said to benefit from a scientifically supported method for improving sleep.

        2,500-year-old rock engravings were found near Mosul, Iraq.

        Is the soul of a person eternal? the findings of scientists

        With its most recent move, is General Electric abandoning wind power?

      • Crypto
      • Entertainment
        • All
        • Gaming
        • Sports
        Conor McGregor issues four-word statement after taking biggest step yet to UFC return

        Conor McGregor issues four-word statement after taking biggest step yet to UFC return

        Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

        Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

        The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

        The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

        Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

        Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

        Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

      • Lifestyle
        • All
        • Fashion
        • food
        • Home improvement
        • Travel
        A Site for Situated Practices: Mezzanine

        Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

        Discover Amsterdam’s beauty from the water

        An adventure on the canals of Amsterdam

        An adventure on the canals of Amsterdam

        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

        Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

        after builders cleaning

        After Builders Cleaning Services in UK with Cliffycox: Reviving Spaces, Redefining Cleanliness

        Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

        Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

      • Travel
      • Real Estate
      • Sports
      • More
        • Press Release
      No Result
      View All Result
      • Home
      • Politics
        Labour-backing Gary Neville slams Rachel Reeves over crippling tax hikes on businesses

        Labour-backing Gary Neville slams Rachel Reeves over crippling tax hikes on businesses

        Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

        Donald Trump demands UK drills for more oil, blasts high taxes on North Sea energy firms

        Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

        Justice Secretary Shabana Mahmood heaps pressure on Sir Keir Starmer to recognise state of Palestine

        Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

        Ed Miliband sparks fears of ‘boiler ban by backdoor’ as he prepares to shun gas for heating homes

        Trending Tags

        • Business
          • All
          • Digital Marketing
          • Real Estate
          Ipswich local news site launches seed funding round after first year

          Ipswich local news site launches seed funding round after first year

          AI Overviews cutting publisher clickthrough rates by 50%, new report finds

          AI Overviews cutting publisher clickthrough rates by 50%, new report finds

          Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

          Call for commemoration to Welsh journalist Gareth Jones who uncovered Holodomor famine

          News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

          News diary 28 July – 3 August: Starmer-Trump meeting, Edinburgh Fringe, Ofcom annual media data

          Trending Tags

          • Tech
            Nest of radioactive WASPS found at nuclear site by officials

            Nest of radioactive WASPS found at nuclear site by officials

            Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

            Mysteries of 2,300-year-old mummy Bashiri ‘The Untouchable’ revealed after researchers refused to unwrap ancient fabric

            Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

            Remarkable glow in the dark creature captured on camera in the wild ‘for first time’ as it lights up in a neon blue

            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            ‘Death date’ of universe revealed as scientists predict when ‘shrinking’ will start before ‘Big Crunch’ wipes us all out

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Is this the breakfast of the future? Bread made of BUGS & fungus created to fight food shortage – so would YOU try it?

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

            Mystery of Captain Cook’s lost ship is SOLVED after 250 years as scientists discover sunken remains of HMS Endeavour

          • Health
          • Science

            We’ve probably already been discovered by aliens, but they have some pretty good reasons to hide.

            Almost everyone is said to benefit from a scientifically supported method for improving sleep.

            2,500-year-old rock engravings were found near Mosul, Iraq.

            Is the soul of a person eternal? the findings of scientists

            With its most recent move, is General Electric abandoning wind power?

          • Crypto
          • Entertainment
            • All
            • Gaming
            • Sports
            Conor McGregor issues four-word statement after taking biggest step yet to UFC return

            Conor McGregor issues four-word statement after taking biggest step yet to UFC return

            Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

            Ellie Scotney reveals promise she made to late friend Georgia O’Connor before emotional world title win

            The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

            The secret underground tunnel where Open golfers hide from thunderstorms but only certain stars can use it at Portrush

            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Jon Jones performs retirement U-turn and announces return to UFC testing pool after Dana White lying claims

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

            Tyson Fury heads off to business meeting still wearing Primark Soccer Aid suit after dropping F-bomb live on ITV

          • Lifestyle
            • All
            • Fashion
            • food
            • Home improvement
            • Travel
            A Site for Situated Practices: Mezzanine

            Exhibition: Substance & Recoding: The Narrative of Contemporary Objects in the Semantic Turn

            Discover Amsterdam’s beauty from the water

            An adventure on the canals of Amsterdam

            An adventure on the canals of Amsterdam

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain's Latest Collection.

            Eromosele Gideon Eigbiremolen Unveils Sustainable Vision for SS24 with Burvain’s Latest Collection.

            after builders cleaning

            After Builders Cleaning Services in UK with Cliffycox: Reviving Spaces, Redefining Cleanliness

            Creating an Oasis Deponti Glass Room Products and Maze Outdoor Kitchens

            Creating an Oasis: Deponti Glass Room Products and Maze Outdoor Kitchens

          • Travel
          • Real Estate
          • Sports
          • More
            • Press Release
          No Result
          View All Result
          London Journal | The Voice of London
          No Result
          View All Result

          Five Things To Know About Secured Loans – Dragon Finance

          by Anderson
          March 29, 2022
          in Press Release
          0
          SHARES
          Share on FacebookShare on TwitterLinkedin

          In this blog post, we’ll look at what a secured loan is, why you might want one, what the benefits and risks are, and finally, how you can get one.

          1. What is a secured loan?

          Before we start, let’s clear something up: Secured loans, homeowner loans, second charge loans, and second charge mortgages…are all the same thing. They’re just different names to describe the same products.

          Now we’ve got that out of the way, let’s continue…

          A secured loan is a loan that is secured against an asset – in this case, your home.

          Securing the loan against your property provides the lender with some reassurance that they’ll get their money back in the event that something goes wrong.

          You can only have a secured loan if you own a property – which is why they’re called homeowner loans. Secured loans are often taken out alongside an existing mortgage – which is why they’re called second charge loans or second charge mortgages.

          Secured loans work like any other loan – you borrow an agreed amount of money, over an agreed amount of time, and make monthly repayments to the lender until the loan is paid in full.

          2. Why would you want a secured loan?

          Some of the reasons to take out a secured loan include:

          • To pay for home improvements, such as fitting a new kitchen, building an extension, converting the attic into an extra bedroom, or completing top-to-bottom home renovations.
          • For debt consolidation – to pay off credit cards, personal loans, store cards or mail order accounts, reducing your outgoings and saving money.
          • To pay for a special event – like a wedding or once-in-a-lifetime holiday.
          • To gift money to loved ones – such as giving a house deposit to your children.
          • To pay off tax bills, arrears, or charges, or to settle County Court Judgements.

          3. What are the benefits of a secured loan?

          Larger loans:

          You can typically borrow more money with a secured loan – that’s because the lender can afford to take a bit more risk, knowing that the loan has been secured against your home. Secured loans start at £5,000 and you could borrow up to £500,000 depending on your circumstances and the available equity in your home.

          Low rates:

          Rates for secured loans start at as little as 2.9% – that’s cheaper than most personal loans, and much cheaper than the average credit card, which generally start at around 18% and can go as high as 39%. Low secured loan rates mean that you save money.

          A term that suits your budget:

          The term of a secured loan – that’s the number of years you have to pay it back – can be arranged for anything from 2 to 30 years, depending on your circumstances, preferences and life goals.

          Generally speaking, the longer the term, the cheaper your monthly payment will be – so with a secured loan you can adjust the term to meet your budget and spread the payments more comfortably.

          Most personal loans last for a maximum of 5 years – which means that your monthly payments are higher, because you’re paying back the loan over a shorter period of time.

          A definite end date:

          Because you agree the term of the loan at the start, you know for certain when the loan will come to an end (providing you keep up with your agreed payments).

          Many secured loans allow you to make regular overpayments or lump sum payments without penalty, which means you can pay it off even quicker if you want.

          No need to re-mortgage to get extra funds:

          You might have a great deal with your current mortgage provider and not want to swap, or you might not want to re-mortgage because of expensive exit charges.

          A secured loan can run alongside your existing mortgage, meaning that you can leave it in place while still receiving the funds you need.

          4. What are the risks of a secured loan?

          The loan is secured against your property, so your home could be at risk if you fail to keep up with the repayments.

          Although having a longer loan term will mean that your monthly payments are lower, it can also mean that you pay back more interest overall.

          You should always get advice from a qualified professional before taking out a secured loan, to make sure it’s the right thing for you. Contact a finance broker like Dragon Finance. They will take the time to understand each client and their individual circumstances.

          5. How can you get a secured loan?

          Dragon Finance will carry out a soft credit search – which won’t show on your credit file. Once you’ve been approved, one of their expert advisers will be in touch to discuss your needs and make sure you get the right advice – and the money you need.

          Recent News

          Ipswich local news site launches seed funding round after first year

          Ipswich local news site launches seed funding round after first year

          August 1, 2025
          Nest of radioactive WASPS found at nuclear site by officials

          Nest of radioactive WASPS found at nuclear site by officials

          July 31, 2025
          On the day of Raksha Bandhan is going to be auspicious Navapatam Rajyoga, the golden time for these three zodiacs, know

          On the day of Raksha Bandhan is going to be auspicious Navapatam Rajyoga, the golden time for these three zodiacs, know

          July 31, 2025
          More than ground is the safety of the pitch, know what the ICC rule is for it?

          More than ground is the safety of the pitch, know what the ICC rule is for it?

          July 31, 2025
          Plane Crash: America's praised F-35 stealth fighter jet breaks down, $ 10 million is priced

          Plane Crash: America's praised F-35 stealth fighter jet breaks down, $ 10 million is priced

          July 31, 2025
          No longer the PIN's hassle .. Just from Face, UPI payment will be made, preparation for major changes!

          No longer the PIN's hassle .. Just from Face, UPI payment will be made, preparation for major changes!

          July 31, 2025
          Online Safety Act designed to protect kids has ended up becoming a blunt tool to censor free speech

          Online Safety Act designed to protect kids has ended up becoming a blunt tool to censor free speech

          July 31, 2025
          • Home
          • Privacy Policy
          • Editorial Policy
          • About Us
          • Contribute
          • Advertise with us
          • Contact Us

          All Rights Reserved © 2022 London Journal - Voice of London

          No Result
          View All Result
          • Home
          • Politics
          • World
          • Business
          • Science
          • Crypto
          • Entertainment
          • Gaming
          • Opinion
          • Sports
          • Fashion
          • Lifestyle
          • Travel
          • Tech
          • Health
          • Food

          All Rights Reserved © 2022 London Journal - Voice of London