Any purpose Large Loans from £50,000 to £2.5 million

When it comes to arranging large loans, experience is vital and no UK credit broker has more expertise in this specialist area of financial services than Imagine Loans.

It helps that we deal directly with every major lending company that offers large second charge secured loans for homeowners. This gives us access to a massive range of large secured loan products and has earned us the reputation of being the UK’s premier provider of large loans for any purpose. Recent uses by our customers for our large loan range includes:

  • a loan of £150,000 to pay for a side and rear extension to our customer's property, fund a luxury kitchen and repay two expensive credit cards

  • a loan of £60,000 to repay our customer's unexpected HMRC tax bill, with the loan completing in time to ensure a bankruptcy petition was not issued

  • a loan of £500,000 to repay £300,000 of existing loans and credit cards, with the remaining £200,000 towards the refit of our customer's new home

  • a loan of £167,000 to purchase land, on which our customers planned to build their retirement home

  • a loan of £150,000 to allow our customer to fund several years of school fees upfront for her two children

  • a secured loan of £1.25 million to enable our customer to buy his dream home in an exclusive area in the South of France

  • a secured loan of £130,000, to enable our customer to consolidate existing debt and purchase a holiday/retirement home in Spain

  • a loan of £70,000 to a barrister to pay VAT arrears

We are proud of our reputation in financial services – 100%* of our customers would recommend us to their friends, family and work colleagues. This is because we know a thing or two about arranging fast secured loans, even if you have a bad credit history. We also know what our customers want – the cheapest loans available according to their circumstances, fantastic service and no nasty surprises in the future.

We have a huge range of personal loan products available that can allow you to borrow on terms that suit you, including interest only loans, capital repayment loans and fixed rate loans, with terms between 3 and 25 years.


If you are looking to borrow a large sum of money in addition to your existing mortgage, we recommend that you start by look at the possibility of a further advance from your existing lender or a complete remortgage.

This method would usually be cheaper, unless your circumstances dictate otherwise. Examples could be one of the following: -

Your mortgage has a substantial penalty if settled early

If you have a fixed rate or discounted rate mortgage, check the amount the lender will charge you for settling the mortgage early.

Your mortgage is currently interest only

Many first mortgage lenders either have very strict criteria in place or no longer offer interest only mortgages. By remortgaging, you may only be offered a mortgage on a capital repayment basis.

You need the money quickly

Generally, a secured loan would usually be completed much quicker than a remortgage or further advance purely due to the process involved. Secured loans can often be completed in less than 14 days from initial application.

Your existing mortgage has an unbeatable interest rate

If you are lucky enough to have taken out your mortgage prior to 2009 when lenders were offering ridiculously cheap mortgages, you may have an interest rate that is just to good to lose. If you approach your existing lender for more money, you may be forced to change the interest rate on all of your borrowing.

You find it difficult to prove your income if you are self employed

Secured loan lenders tend to be more relaxed regarding income proof and are more flexible when it comes to income multiples and affordability.

You have had problems with credit payments

Most secured loan lenders will ignore credit problems that occurred over a year ago, as their lending criteria tends to be more flexible. Many mortgage lenders would look at both your credit score and credit file and you may not pass if you've had credit problems in the past.

Ultimately, we cannot advise you whether a secured loan is better or worse than a remortgage or further advance, as it depends on your own unique personal circumstances. You should always consider the pros and cons of each of these types of lending before committing yourself, and we recommend you obtain independent, professional advice. If you need advice regarding a secured loan, we are here to help.

Call us FREE from a landline and UK mobile

0800 710 1777

* from all respondents to our customer feedback surveys in 2015.

The majority of our customers get an interest rate lower than our Representative
6.9% APRC

including some that have had credit problems in the past.

Every customer that we arranged a loan for in 2015 and 2016 has confirmed that they would recommend our services to their friends, family and work colleagues*

Our Lenders


Representative 6.9% APRC Variable
This means at least 51% of our customers are given this rate or lower. Rates from 4.4% APRC Variable. We also have Secured Loan plans with rates up to 34.9% APRC Variable allowing us to help customers even with the most severe credit problems. A broker fee of up to 7% may be charged, up to a maximum fee of £2,975. On loan applications we receive a commission fee from the lender on completion and we estimate this will be 2% of the loan advanced. This is separate from our broker fee and is an additional fee we receive. We recommend all customers obtain independent legal advice before signing any documentation. We are a broker, not a lender. Loans are secured on your home
If you are thinking of consolidating existing borrowing you should be aware that if you are extending the term of the debt you may be increasing the total amount you repay. For help, go to


We recommend all customers receive Independent Legal Advice before signing any documents.

All calls are recorded for training and compliance purposes. Imagine Loans is a trading style of Specialist Financial Services Limited. Registered in England and Wales, No. 05309450. Registered office is 119 The Hub, 300 Kensal Road, London, W10 5BE. Specialist Financial Services Limited is authorised and regulated by the Financial Conduct Authority, FRN 676853. Imagine Loans and the Imagine Loans logo are registered trademarks. The use of these trademarks is strictly restricted to our approved suppliers only. Any infringement of this will be vigorously pursued. Reproduction of this website in whole or in part without permission is prohibited. We are a broker, not a lender.

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