Business Details
Trusted Secured Loan Provider in Watford
Central Trust has been providing tailored secured loan solutions to UK homeowners for over 35 years. As a direct lender operating under Financial Conduct Authority authorisation, we specialise in second charge mortgages, debt consolidation, and home improvement loans. Our approach focuses on understanding individual circumstances rather than relying solely on automated credit scoring systems. With a commitment to transparency, we offer competitive interest rates and flexible repayment terms ranging from 3 to 30 years.Our experienced team provides personalised support throughout the loan process, considering applications from employed, self-employed, and benefit-receiving individuals. We maintain membership with the Finance and Leasing Association while maintaining strict lending standards to ensure responsible borrowing. Our services extend to customers with varying credit histories, including those seeking to consolidate existing debts or fund significant life events.
Services
Secured Loans
Homeowner Loans
Second Mortgages
Debt Consolidation
Home Improvement Loans
Highlights and features
- We operate as a direct lender with no hidden broker fees
- Our team assesses applications individually beyond automated credit scoring
- 35 years' experience in secured homeowner loan solutions
- Flexible terms from 3-30 years with bad credit histories considered
- Personalised support from qualified mortgage experts
Associations and certifications
- Financial Conduct Authority
- Finance and Leasing Association
What people say
Highly rated team
Friendly advisors
Quick decision process
Competitive rates
Personalised service
Services
Secured Loans
We offer secured loans using property equity as collateral. These loans provide access to funds up to 250,000 with flexible repayment terms. Our assessment considers individual circumstances beyond standard credit scores, making these loans suitable for debt consolidation, home improvements, or major life events. Customers benefit from direct lending without broker fees.
Debt Consolidation
Our debt consolidation service combines multiple debts into single monthly payments. This solution helps manage credit card balances, personal loans, and other financial obligations. We assess each application individually to create manageable repayment plans. Customers benefit from potential interest rate reductions and simplified financial management through our secured loan structure.
Home Improvement Loans
Specialist financing for property upgrades and renovations. These secured loans support kitchen/bathroom installations, extensions, and major repairs. Funds are available up to 250,000 with terms matching project timelines. Our advisors help determine appropriate loan amounts based on property value and existing mortgage commitments, ensuring realistic repayment schedules.
Second Mortgages
We provide second charge mortgage solutions for homeowners seeking additional financing. These loans operate alongside existing mortgages while maintaining separate terms. Our assessment focuses on property equity and income verification rather than strict credit scoring. Customers benefit from competitive rates and flexible terms ranging from 3-30 years.
Bad Credit Loans
Specialist loan products for applicants with credit challenges. Our assessment considers employment status, income reliability, and property equity rather than focusing solely on credit history. These secured loans provide access to funds for debt consolidation or essential expenses. Customers receive personalised guidance through the application process with transparent fee structures.
Questions
What types of secured loans do you offer?
We offer homeowner loans, second mortgages, debt consolidation loans, and home improvement loans secured against property equity.
How does the application process work?
Complete our online enquiry form or call our advisors. We'll discuss your requirements, assess eligibility, and guide you through documentation and approval.
Can I apply with bad credit?
Yes, we consider applications from those with adverse credit histories, focusing on current financial circumstances and property equity.
What happens if I struggle with payments?
Contact us immediately to discuss options like payment holidays, reduced payments, or term extensions. We'll work with you to find suitable solutions.
How quickly can I receive funds?
After approval, funds typically transfer within 7-10 days following completion of necessary documentation and legal formalities.
Are there early repayment charges?
Yes, early repayment charges may apply. We'll provide full details of any applicable fees when providing your settlement figure.
