financial independence

This is a sponsored review for 1 Mortgages UK. They can help you find Mortgages and secured loans.
What is a secured loan?
A secured loan is a loan secured on property, in the form of a second charge this means it is only secured on part of your property and failure to pay will not result in your home being reposed (although it is always a good idea to pay any money you borrow).
When Might you consider Secured Loans
You would want to consider a secured loan when you had a lot of debt outstanding credit cards and other Loans that where becoming a struggle or costing a lot in interest.
You may also want to consider this type of loan if you were making a large purchase (New car, wedding, etc.) A secured loan carries less risk for the lender and it will be less costly for them to recover their cash in the event that you don't pay so they're interest rates can be much more favourable, they will also be willing to lend larger amounts over a longer term and less worried if you have a bad credit rating.
Borrowing over long periods of time with a secured loan can be very costly.
A mortgage is the traditional way to buy a house in most countries.
Lots more info about this type of loan including the latest interest rates can be found on 1MortgagesUK I believe they can also help with commercial and buy to let Mortgages.