Compare loans
Compare our unsecured and further advance loan options to see which is best for you.
Both unsecured loans and further advances can be used for almost any purpose, whether you need to replace your car, consolidate your finances, or make some much needed home improvements.
Just take a look below at the main differences between the two options and consider which loan is right for you.
| Loan Type | Unsecured Personal Loan | Further Advance |
|---|---|---|
Availability | Available to existing Bank of Scotland customers only | Only available to existing Halifax Mortgage customers providing that the mortgage has been held for at least 6 months |
| Amount of Loan | Borrow between £1,000 and £25,000 | Borrow up to 80% of the value in your home |
| Term | 1 to 7 years | Spread your repayments over your mortgage term |
| Arrangment Fee | No arrangment fee | £99 arrangement fee |
| Security | Not secured against your property | Secured against your property |
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.
