Secured home loans are suitable if you are a UK home owner looking for a loan, but maybe finding it difficult to get an unsecured loan due to the amount you need to borrow, or the unsecured interest rate is too high or perhaps your credit history is not as perfect as an unsecured loan demands . A secured loan is probably likely to get you a better interest rate than an unsecured one, due to the home loan company being less at risk from non-repayment. You can also borrow more, up to £150,000. It is also a great way to release some of the equity locked in your home, generated due to the massive rise in property values over the last 10 years or so. It is for this reason that they are sometimes referred to as ‘home equity secured loans' or ‘equity release loans'.