There is some positive news for loan customers with the launch of a new secured loan product from Norton.

This exclusive product is called the "Special K Secured Loan Product" and only available if processed through Norton.

The product can offer finance £2,000 up to £10,000 with a few features designed to help homeowner realise additional capital from the equity within their home.

With borrowing up to 70% of the property value and fair setup costs it's a step forward for the second charge lending market.

Most current secured loan products have a far higher minimum loan so this is a positive step for those who were previously stuck, unable to access the cheaper unsecured loan route.