Turn your home improvement hopes into reality


Make your home fit
for purpose

An extension or en-suite loft conversion. New windows or unexpected repairs. Even a full-scale overhaul. Whatever home improvement you’re planning, these are exciting times – dampened only by the thought of finances halting your plans.

A Homeowner Loan can cast aside the doubt and give your renovations the green light. As a UK residential mortgage holder, you can take one out – secured against the equity in your property. This can mean you avoid the drawbacks of other borrowing alternatives.

You’ll be able to keep your existing mortgage rate and avoid the early repayment charge of remortgaging. You won’t be restricted by the limited criteria of a Further Advance. You won’t need to tell your existing first charge mortgage provider about changes of circumstance. And you won’t have to face the embarrassment of a straight ‘no’ from them, either.


Using your home to borrow

A Homeowner Loan – also known as a secured loan or second charge mortgage – allows you to borrow money using your property as security.

That means you can apply for one as a UK residential mortgage holder, even if your credit history isn’t perfect. You may also be able to borrow more at a lower interest rate than other types of loan – because the loan is repaid over a longer period.

It’s important you always pay on time with a Homeowner Loan; your home could be at risk of being repossessed if you don’t. It’s a good idea to talk to a broker first – they can recommend the right option for you.


What a Homeowner Loan could give you

What really sets the Homeowner Loan apart is its flexibility and accommodating criteria – helping you enjoy the security and reassurance you deserve again:

Choose the product that’s right for you

Take advantage of fixed, discounted or variable interest rates

Wide range of borrowing

Our loans range from £5,000 to £1,000,000

Make the most of the money tied up in your home

Borrow up to 95% of your home’s value

Tailored to suit you

Choose the length of your loan: from 3 to 30 years

Avoid hidden fees

No legal costs, no extra fees if you overpay

Get a quick decision

We make loan offers within 24 hours; you get the money in 2-4 weeks


Stop dreaming,
start building

Interested in using a Homeowner Loan to fund your improvements? Speak to one of our trusted broker partners, who can talk you through your options and give you their recommendation.


How much could you borrow?

Want to get an idea of how much you could borrow on a Homeowner Loan? We can help.

Other mortgage products are available. Your broker will provide more information concerning other products during your application process.

Borrow amount is larger than the propery's value (less the existing mortgage)

15 years

A minimum of a 5 year term must be selected for a 5 year fixed product

Mortgage product type:

Please select a product


Loan Amount*

Monthly Repayments*

This is based on a borrowing over .

Indicative Rate*

This indicative rate is based on our rate and our lending criteria for your LTV of .

Total Repayable*

This is a sum of the loan amount, interest and an exit fee of .
Find a Homeowner Loan Broker

*Please note these results are indicative and are meant to be used as a guide only. Additional fees such as a broker fee and a lender fee may apply. These fees vary and will be set in line with each brokers pricing policy.
Should you wish to submit an application, it'll be subject to status, full lending criteria, a credit check and a review by a qualified mortgage adviser, which could result in a different product which has a different interest rate. Any changes are likely to alter both the monthly payment amount and the total amount payable. Results are based on a good credit profile.

Representative Example
Borrowing of £40,000, plus £595 lender fee, plus £3,000 broker fee, totalling £43,595, over 192 months on a 5-year fixed product with an initial borrowing rate of 9.2%, following a variable rate of 9.6%. There would be 60 monthly instalments of £434.49, following 132 monthly instalments of £442.52. Total amount payable £84,577.09, made up of: Mortgage Amount £40,000, Interest £40,887.09, Lender fee £595, Broker fee £3,000, Exit Fee £95. Overall cost for comparison purposes 11.4% APRC. Please be advised that any interest rate fluctuations, during the life of the mortgage contract, will affect the total amount repayable.



A little further reading

If you’d like to dig deeper, read our articles and blogs for the best Homeowner Loan content and insight.