There are times in life when everyone needs to raise more money than they actually have in their bank account, and many ponder over this on a fairly regular basis.

For example no matter how well decorated and well furnished and equipped your home is, nothing lasts for ever, and with the passage of time things require to be replaced, including such major items as kitchens, bathrooms, central heating and floor coverings.

There are ocassions when extra money would prove a great thing to have when you have a special event to celebrate such as a fortieth birthday, twenty fifth wedding anniversary when a five star holiday would not go amiss,

There is nothing better for a parent to offer their child than the benefit of a good education, but some parents simply do not have sufficient money to pay for private school fees or a decent university education.

When a person is well educated, the world should become his oyster, although it must be said that in the present economic climate this is not always the case.

When you went to stay in a residental caravan for your holidays in the South of France last year, you enjoyed yourself so much, as did your childen, that you would like to buy the exact same or a similar caravan in the the same region.

The weather was wonderful with the sun shining twelve hours a day,the sea was a wonderful azure blue, and the seafood, local cheeses, and prepared meats, accompanted by the crisp white wine from the area, were to die for.

At night when you danced the night away in the bistro on the golden beach, the cares of the world disappeared and you felt you were twenty years old again.

Your burning ambition now is to have your own place where you can spend a lot more time in this destination which evokes so many pleasurable memories.

The fact remains that improving your home, taking a luxuary break in five star hotels, and buying a caravan on the continent with a price tag of forty thousand pounds or there abouts costs a lot of money, and more money than you have available to spend.

There are several ways in which you can obtain the money cheaply for all the above, as well as many other purchases, and two of these ways are by secured loans and remortgages.

A secured loan and remortgage are both homeowner loans that rely on the equity on a property to release the necessary funds.

The interest rate for a remortgage starts at present from under 2%, while a secured loan can be had from 7.9%.9% for a secured loan which makes many items that you may consider to be unaffordable, very affordable indeed.