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Secured Loans

Borrow larger amounts for lower monthly payments

A Secured Loan from Alliance & Leicester gives you more than financial freedom, your loan will give you the flexibility to borrow more or borrow over a longer term. Our Secured Loan can turn your expensive debts into a single, lower cost repayment.


6.9% APR variable Typical for loans £15,000 - £100,000

Low Rate Secured Loans


  • Our typical rate is 6.9% APR variable
  • No set-up fees or charges
  • No legal expenses to pay
  • 3 easy ways to apply
  • Optional Secured Loan Protection
  • Save over £7,000. See comparison table below

Secured loans - Apply now

Alternatively call us direct on 0800 083 2871† or let us call you back



Compare Our Secured Loan


Not only can you borrow more for less with an Alliance & Leicester Secured Loan, but we can also help you save over £7,000!  See the table below to see how we beat the competition and remember Alliance & Leicester does not charge any valuation or arrangement fees.

The comparison table below is based on a loan of £21,000 over 120 months.

Lender APR
(variable)		 Monthly
payment		 Total amount
payable		 Saving compared
to A&L
A&L 6.9% £240.94 £28,912.45 -
Barclays 7.7% £248.75 £29,850.00 £937.55
Picture 7.9% £251.12 £30,134.40 £1,221.95
Nemo 8.4% £256.30 £30,756.00 £1,843.55
Purple Loans 9.4% £268.61 £32,232.84 £3,320.39
Norton Finance 9.9% £271.92 £32,630.40 £3,717.95
Ocean Finance 12.7% £301.43 £36,171.60 £7,259.15

Source Competitor Websites - (1st December 2006)


The above table compares the APR charged on a secured loan of £21,000 without insurance to new customers over 120 months. These figures assume the interest rate remains the same for the loan duration. Existing customers of the financial institutions listed may qualify for a lower rate with these companies. Some lenders may charge arrangement and valuation fees which are not included in these examples. Source: Competitor websites (1st December 2006).

†Lines open: Mon - Fri 9am - 9pm & Sat 9am - 1pm.
Calls are free from UK landlines although call charges may vary from mobile phones.

Important Information

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT