Secured loans, call now on 0208 938 3592 and start your secured loan application

Secured Loans FAQ’s

Who are Sky Loans?

Sky Loans is a trading name of Exclusive Finance UK ltd, we are a secured loan packager. We have the knowledge and experience to obtain, through the many lenders we have at our disposal, the most suitable loan for you and your circumstances. As a packager we deal with the lenders direct so there are no ‘middle men’ which means your loans are processed quickly and efficiently.

How much can I borrow?

Although our secured loans FAQs can’t answer this question with an exact figure ( what you may be able to borrow depends on your income and the amount of equity in your property), we in our experience you may be able to borrow any amount between £3,000 and £500,000 and repay the loan over a period from 1 year to 25 years depending on your circumstances, affordability and credit history.

What can I use my money for?

At Exclusive Finance the money can be used for any legal purpose. Some of our customers use the opportunity to clear their credit cards, store cards and other high interest borrowings, leaving themselves with just one, more manageable, monthly payment. Other customers use their cash for home improvements, perhaps a conservatory or loft conversion. Then again, we have many customers who prefer to buy a new car, pay for a luxury holiday or help with their children’s first home or college fees.

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.  If you are thinking of consolidating existing borrowing, you should be aware that you may be extending the terms of the debt and increasing the total amount you repay.

Do you offer a competitive interest rate?

Being in business over 8 years we have developed excellent relationships with many of the UK’s leading lenders, including subsidiaries of the main clearing banks. We’ve negotiated very competitive terms which we can pass on to our clients.

What if I have CCJs, defaults or mortgage arrears?

Whatever your credit history our team of advisors will endeavour to help you find a loan with the lowest interest rate possible and the most preferential terms available for your situation. Even if your adverse credit has meant you have been turned down for a loan elsewhere Sky Loans could still help. We have access to a number of lenders who specialise in sourcing this type of loan. Even if you have previously defaulted on a loan, have CCJs or mortgage arrears or are using the loan to discharge a bankruptcy or IVA, we may still be able to help.

How do I apply for my secured loan?

Applying for your secured loan couldn’t be easier. Simply complete our quick enquiry form online or call one of our friendly and experienced advisors on 0208 938 3592.  We will then discuss your requirements with you in depth and begin the loan process.

What happens after I apply for my loan?

As soon as we receive your online enquiry we will contact yourselves to assess your requirements in more detail, this includes a full income and expenditure breakdown so we can assess your affordability.  Once we have gathered all the relevant information from yourselves, we will then match you with the most suitable deal from our panel of lenders. Our friendly and experienced underwriters will then guide you step by step through the process. There are no interviews, no salesmen will call and remember, you are under no obligation, any fees charged by ourselves are payable on completion only so if you change your mind during the process you will not incur any costs from ourselves.

After approval, how quickly can I receive my money?

You will be kept informed at all times of the progress of your loan. Our professional underwriters will guide you through the process and our day-to-day contact with the lender ensures we get through the process quicker than most, delivering your cash in the shortest time possible.

Are fixed interest rates available?

Our large panel of lenders means that some of them offer a range of fixed interest rate loans that allow you to enjoy financial stability and you will know exactly where you are with your payments. You can now make plans with the certainty that any interest rate rises wont affect you or your loan, leaving it easier to budget each month.

If I wish, can I repay my loan early?

Yes, Exclusive Finance only recommends lenders that allow you to pay off your loan at any time.  If there are any early repayment charges with a particular lender, these will be disclosed to yourselves at the outset. Most secured homeowner loans are regulated by the Financial Conduct Authority. The method of calculating the amount of money required on early redemption will be stated in the loan quotation.

Can you help me if I want to remortgage my property?

Yes, Exclusive Finance UK Ltd is the sister company to Exclusive Mortgages UK Ltd. Simply tell our advisors that you would like to discuss a re-mortgage and we will transfer you through to our mortgage specialists at Exclusive Mortgages who are based in the same offices.

I can’t find the question I want answered, what do I do?

As a potential customer of Exclusive Finance we are happy to assist you whenever we can. Simply call one of our friendly and experienced advisors on 0208 938 3592 or email us at info@sky-loans.co.uk and we will endeavour to respond within 4 working hours.


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Secured loan

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We are open 24/7 365 days a year.
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Do you require a loan for

Home improvements
Business project
Holiday
Wedding
Car purchase
Debt consolidation
Other use?

We can help find a secured loan to suit you. Call us today on 0208 938 3592 or complete the form above

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. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY.

Sky Loans is a trading name of Exclusive Finance (UK) ltd which is authorised and regulated by the Financial Conduct Authority. Our Firm Registration Number is 737347. You can search for our firm on the Financial Services Register https://register.fca.org.uk

Registered address: First Floor, 2 Haig Court Haig Road, Parkgate Industrial Estate, Knutsford, Cheshire, WA16 8XZ. Registered in England and Wales.
Company Registration No. 6387638.

The guidance and/or advice contained within this website is subject to the UK regulatory regime, and is therefore targeted at consumers and brokers based in the UK.

A fee will be charged for our service of up to 15% of the loan amount, you will be given the option to add this to the loan. All fees applicable will be disclosed upon the initial conversation and detailed on the loan illustration provided (ESIS).