Secured loans
Secured debt consolidation uses borrowing secured against your home to repay existing unsecured debts. Learn the trade-offs, risks and alternatives before you decide.
Think carefully before securing debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or other loans secured against it.
Secured debt consolidation means taking out a loan secured against your property and using the funds to repay credit cards, overdrafts, personal loans or similar unsecured balances. One repayment can feel simpler, but the debts become secured against your home.
Consolidation is not inherently beneficial. If the term is longer, you may pay more interest overall even when the monthly payment falls. If you miss repayments, your home may be at risk.
Last reviewed: 10 September 2026
Confirm whether the lender pays creditors directly or releases funds to you. Keep records of every balance cleared.
A longer secured term can shrink the monthly payment while increasing total interest. Always compare the total repayable, fees and APR, and ask what happens if you want to repay early.
Do not ignore behaviour after consolidating
If cleared credit cards stay open and balances build up again, you can end up with the new secured loan plus fresh unsecured debt.
If you are already missing payments, facing enforcement action, or cannot see a sustainable budget, free regulated debt advice may be more appropriate than securing existing debts against your home.
FAQs
General UK guidance — not personalised advice.
Related
Continue with connected borrowing journeys.
Compare unsecured consolidation options.
ViewSecured borrowing overview and property risk warning.
ViewUnderstand BNPL balances before consolidating them.
ViewModel repayments for different amounts and terms.
ViewSecuring existing debts against your home changes the risk profile. Review unsecured consolidation options too.