The best way to get yourself a low cost secured loan is by going online and in particular with a specialist website and letting them search the market on your behalf. Specialists have access to hundreds of lenders who specialise in different types of loans, as they do have contacts they can find you the cheapest APR along with best deal and all the information you need to determine if the loan is suitable for your circumstances.
The secured loan has many advantages over a personal loan but of course as the security you will be asked to put up has to be of substantial value, it is usually your home. Putting your home at risk for the length of the loan requires some serious thought, and consideration should be given as to if the reason for the loan is worth it.
A low cost loan secured loan will allow you to take out a larger sum of money over a longer period of time while extending the period of the loan over many years. You do however have to remember that the longer you take out a loan for then the more interest you will pay and even with the lowest rates of interest this can add up considerably over the entire loan. Finding a low rate of interest is essential but unless you know what to look for when comparing APR then you are far better putting the search into the hands of a specialist. A specialist will be able to take the information you give them and look around several top UK lenders for the best deal with the lowest rate of interest.
Low cost secured loans are sometimes the only loans that are available depending on your circumstances, a secured loan is easier to get if your credit rating is far from perfect as you are putting something of value up against the loan. For the best low cost loans then let a specialist shop around on you behalf and make sure that you read the terms and conditions of the loan before signing up.