Who is The Loans Engine?
The Loans Engine is a specialist finance broker based in Watford, UK, committed to helping individuals and businesses secure the right loan products tailored to their unique financial needs. With nearly 40 years of industry experience, the company has supported thousands of clients, including those who have faced challenges in obtaining credit elsewhere.
The Loans Engine operates under Central Loans Limited, a subsidiary of Norfolk Capital Limited, a financial services group providing a diverse range of lending products, including mortgages, secured loans, homeowner unsecured loans, and car finance.
As a credit broker rather than a lender, The Loans Engine does not provide loans directly but works with an extensive panel of specialist lenders to find suitable financial solutions for clients. The company’s CeMAP-qualified advisors ensure that each client receives expert guidance throughout the loan application process.
The Loans Engine is NACFB certified and authorised and regulated by the Financial Conduct Authority (FCA), demonstrating its commitment to ethical financial services and regulatory compliance.
What Type of Loans and Financial Services Does The Loans Engine Offer?
The Loans Engine provides a wide range of loan products designed to meet diverse financial needs. These include:
- Secured Loans: Loans secured against a borrower’s property, offering competitive interest rates and flexible repayment terms.
- Buy-to-Let Mortgages: Tailored financing solutions for property investors and landlords looking to purchase or refinance rental properties.
- Bridging Loans: Short-term funding options used for property purchases, renovations, or other urgent financial requirements.
- Commercial and Semi-Commercial Mortgages: Loans for businesses purchasing or refinancing commercial or mixed-use properties.
- Development Finance: Funding solutions for property developers, covering land purchase and construction costs.
- Asset Finance: A financial solution enabling businesses to acquire essential assets such as machinery, vehicles, or equipment.
- Specialist First Charge Mortgages: Mortgage solutions for individuals with complex financial circumstances or non-traditional income sources.
The Loans Engine differentiates itself from other brokers by offering access to a wide range of lenders, including some that do not deal directly with customers. This approach ensures that borrowers receive more comprehensive financial options, including semi-exclusive loan rates not available through other brokers.
How Does The Loans Engine Help Customers Find the Right Loan?
The Loans Engine uses cutting-edge sourcing technology to compare loan products from various lenders, ensuring that each client is matched with the most suitable financial solution.
- The company’s CeMAP-qualified advisors provide professional, ethical, and personalised loan advice.
- Loan options are clearly explained, ensuring transparency regarding repayment terms, interest rates, and any associated fees.
- Once a suitable loan product is identified, The Loans Engine guides the client through every stage of the application and approval process.
The Loans Engine is a trading name of Central Loans Limited, registered in England under Company Number 04205508.
Registered Office: 25-27 Surrey Street, Norwich, Norfolk, NR1 3NX
Authorised and Regulated by the Financial Conduct Authority (FCA). Firm Reference Number: 708606.
What Should Customers Consider Before Applying for a Loan?
Before securing a loan, it is essential to carefully assess its impact on long-term financial stability. Borrowers should consider the following:
- If consolidating existing borrowing, be aware that this may extend the repayment term and increase the total amount repaid over time.
- Securing other debts against a home should be done with caution. Failure to keep up with repayments on a mortgage or any secured loan may result in the repossession of the property.
How Does The Loans Engine Application Process Work?
Applying for a loan through The Loans Engine is designed to be a straightforward and efficient process. Customers can start their application by:
- Calling the expert team at 0800 032 4646 or 01923 280 023 for free consultation and guidance.
- Filling out an online enquiry form on The Loans Engine’s official website.
- Receiving a call back from a financial expert, who will discuss available options and guide the applicant through the necessary steps.
Once a loan product is chosen, the company provides support throughout the application, approval, and funding process, ensuring a seamless experience.
What Are The Loans Engine’s Business Hours?
| Day | Opening Hours |
| Monday – Thursday | 9:00 AM – 7:00 PM |
| Friday | 9:00 AM – 6:00 PM |
What Are the Loan Limits and Terms Available?
The Loans Engine provides various loan amounts and terms to cater to different financial requirements.
| Loan Type | Loan Amount Range | Maximum Loan-to-Value (LTV) | Key Features |
| Secured Loans | £10K – £1M | 100% | Residential & BTL |
| Buy-to-Let Mortgages | £10K – Unlimited | 80% | Individual & Ltd Co. |
| Bridging Finance | £10K – Unlimited | 85% | No exit fees (in most cases) |
| Commercial Finance | £40K – Unlimited | Up to 100% | Interest-only available |
| Specialist Mortgages | £10K – £1M | 85% | Fixed & tracker rates |
| Development Finance | £100K – Unlimited | 70% | 100% of build costs funded* |
Note: Development finance requires the borrower to already own the land.
What Fees and Charges Apply?
The Loans Engine is a credit broker, not a lender, and may receive commission payments based on the lender, product, or other permissible factors. Customers are always informed about any commissions before proceeding.
- Secured loans, regulated bridging, and first charge mortgages: Broker fee of up to 15% of the borrowed amount, capped at £3,499.
- Non-refundable application fee: £499 (applicable to regulated bridging and first charge mortgages).
- Unregulated bridging, commercial, and buy-to-let loans: Broker fee of £2,999 and £499 application fee (buy-to-let secured loans are exempt from this fee).
- Development finance: Broker fee of £2,999 and £999 application fee.
- Lender fees may also apply, which can be paid upfront or added to the loan amount, affecting the total interest paid over time.
- The actual APRC depends on individual financial circumstances.
How to Contact The Loans Engine?
- Phone: 0800 032 4646 / 01923 280 023
- Fax: 01923 280 079
- Address: Central Loans Limited t/a The Loans Engine, 1st Floor, Building 2, Axis Rhodes Way, Watford, WD24 4YW
- Website: www.theloansengine.co.uk
Why Choose The Loans Engine?
Choosing The Loans Engine means working with a trusted, experienced, and FCA-regulated finance broker dedicated to helping customers secure the right loan. Here are the key reasons why thousands of individuals and businesses choose The Loans Engine:
- Nearly 40 Years of Experience: A long-established broker with extensive industry knowledge.
- FCA-Regulated & NACFB Certified: Committed to ethical lending and regulatory compliance.
- Wide Network of Specialist Lenders: Access to exclusive rates and loan products unavailable elsewhere.
- CeMAP-Qualified Advisors: Expert guidance from trained professionals.
- Transparent Fees & Clear Loan Terms: No hidden costs, with full disclosure before proceeding.
- Flexible Loan Options: Solutions for a range of needs, including secured loans, buy-to-let mortgages, and bridging finance.
With a strong reputation, ethical practices, and access to a vast lender network, The Loans Engine is a reliable partner for individuals and businesses seeking tailored finance solutions.
