The UK mortgage and home loans industry is currently in the middle of pretty much the worst period the market has ever seen. Finding a cheap home loan is more difficult than it ever has been previously, and now more than ever, if you are looking for a cheap home loan, it is the time to get a top secured loan broker to assist in finding the best deal out there for your circumstances by searching the whole market on your behalf.

Unfortunately many of the most competitive lenders have pulled out from the market due to the worsening credit crisis and the limited availability of funding. However, deals can still be found and luckily there are still a good handful of lenders who are prepared to offer cheap home loans for customers looking to raise cash using the equity in their homes as collateral.

The best place to start searching for a cheap home loan by far is the internet. With so many secured loan brokers now online you will be spoilt for choice, although beware of less reputable companies who do not deal directly with one broker, as more often than not they will just sell your details onto any company and you won't know who will be calling you to discuss your loan requirements until they finally do.

However it is not all doom and gloom, if you use a broker that has full regulation permissions, ranks well on the top search engines and clearly states what processes they use then you can't go too far wrong.

With many lenders still offering home loan rates of between 6.9 and 8.9% for clean credit customers and even deals available for people with a poor credit history (if you have sufficient equity in your home) than you should have a selection of loans available to you whatever your circumstances.

This article was written by Gary Taylor, a representative of Rate Hunter Limited, owners and operators of http://www.searchandapply.co.uk a UK Secured Loan Comparison Site.