Spring Finance Secured Loans to Unlock Home Equity for UK Homeowners
How Spring Finance secured loans work for UK homeowners, with clear rates, eligibility criteria, 80% LTV and broker-only applications for loans from £10,000 to £200,000
What Spring Finance secured loans offer
Spring Finance secured loans provide UK homeowners a route to unlock equity with clear terms and broker-only applications. With borrowing from £10,000 up to £200,000, these secured loan products suit larger projects such as renovations, consolidating high-cost credit, or funding substantial purchases without tapping savings.
The lender accepts borrowers across England, Wales and mainland Scotland, asking for a minimum property value of £100,000. Eligibility requires a household income of at least £18,000, with a minimum of £15,000 from employment or private pension, so it targets typical owner-occupiers who need responsible, long-term finance.
Rates, LTV and repayment flexibility
Spring Finance secured loans come with fixed and variable rate options and a maximum 80% LTV, allowing homeowners to borrow up to 80% of their home value. Fixed-rate choices give predictable monthly payments for budgeting, while variable rates may suit those who expect market shifts or plan shorter-term borrowing.
Repayment terms range from 2 to 30 years, giving scope to reduce monthly instalments by extending the term. Overpayments and early repayment are permitted but check for charges on fixed deals; discuss potential penalties with your broker to avoid surprises when repaying a secured loan early.
How broker-only applications work
All Spring Finance secured loans are available via brokers, so you will need a regulated adviser to submit an application. This broker-only model helps you get a tailored solution: brokers compare LTV, rates and suitable repayment terms across lender panels, then present the most suitable Spring Finance secured loan for your circumstances.
Using a broker also helps with eligibility checks like income verification and property valuation. A good broker will explain the 80% LTV cap, the minimum property value requirement and how loan amounts from £10,000 to £200,000 fit your plans for debt consolidation or home improvement.
Is Spring Finance the right secured loan for you
Spring Finance secured loans are a solid choice if you want to leverage home equity responsibly and prefer broker-guided advice. They work particularly well for homeowners who need a clear LTV limit, flexible term lengths and both fixed and variable rate options to match financial goals.
Before committing, compare other secured loan providers for rate competitiveness and LTV offers, and ask your broker to run affordability scenarios. If you value clarity, an 80% LTV ceiling and broker-only support, Spring Finance secured loans should be on your shortlist when planning major spends or consolidating debt.