Compare unsecured homeowner loans and choose the ideal
Homeowner loan for you
Compare Homeowner LoansSupacompare is credit broker, not a lender. You must be over 18 and a UK resident.
Supacompare is credit broker, not a lender. You must be over 18 and a UK resident.
Compare unsecured homeowner loans from the UK's leading direct lenders
Unsecured loan offers tailored to you
We find loans for homeowners from £1,000 – £35,000 over terms of 1 to 10 years. Checking your eligibility for a homeowner loan won't impact your credit score
100% independent, 100% your choice
Supacompare is an independent credit broker and we will search our panel of lenders to present a range of options for you compare. It is your choice on who to proceed with
Quick, convenient and efficient
We search a range of lenders, so you don't have to spend time filling in multiple forms. Check your eligibility and be presented with homeowner loan solutions within minutes
Compare unsecured homeowner loans from the UK's leading direct lenders
Unsecured loan options for homeowners, tailored to you
Unlike secured loans, unsecured loans don't require collateral, so you don't need to secure it against your home. As a homeowner, whether you're planning home improvements, consolidating debts, or covering unexpected expenses, an unsecured loan could offer the freedom to access funds without risking your valuable assets.
Debt consolidation loans
With a debt consolidation loan you could merge multiple debts into a single payment. By consolidating your debts with an unsecured homeowner loan, you could lower your monthly repayments and potentially reduce overall interest rates. Check your eligibility for a debt consolidation loan >>>
If you are thinking of consolidating existing borrowing you should be aware that you may be extending the terms of the debt and increasing the total amount your repay
Car loans
With a car loan you will be able to buy a new or used car upfront. By using an unsecured homeowner loan to purchase your car, you will own the car outright and won't have to worry about a substantial upfront payment or milage restrictions. Check your eligibility for a car loan >>>
Car repairs loan
Whether it's fixing a mechanical issue, replacing parts, or covering unexpected repair costs, an unsecured homeowner loan offers a convenient solution to get your vehicle back on the road swiftly and without the risk of putting your assets at stake. Check your eligibility for a car repairs loan >>>
Holiday loans
Planning your dream holiday? If you need funds to cover costs such as flights, accommodations, activities or other travel-related expenses you may be able to spread the cost with an unsecured homeowner loan. Check your eligibility for a holiday loan >>>
Home improvement loans
With a home improvement loan you could fund renovations, repairs, or upgrades to your property to help create your perfect home. Check your eligibility for a home improvement loan >>>
Wedding loans
A wedding loan could help you with venue bookings, catering, decorations or other wedding related costs. Check your eligibility for a wedding loan >>>
What is an unsecured loan for homeowners?
Unsecured loans, also known as personal loans, are a popular type of borrowing that doesn't require any collateral. Although you need to be a homeowner to apply for an unsecured homeowner loan, you do not need to use your house as security.
With Supacompare, you can check your eligibility, compare unsecured loans for homeowners and choose the ideal unsecured loan option for you.
So, if you're a homeowner in need of financial assistance but don't want to put your home at risk, an unsecured loan for homeowners could be the ideal solution.
Before taking out an unsecured homeowner loan, alongside reviewing the terms and conditions, it is important that you consider the the total cost of borrowing and are able to comfortably afford the loan repayment.
Advantages of an unsecured homeowner loan
No collateral required
As unsecured loans for homeowners do not require collateral such as property to secure the loan, there is no risk of losing valuable assets in the case of default
Quick approval process
Unsecured loans typically have a faster approval process. Following approval, loans are typically paid out within days, with some lenders offering same-day payouts
Flexible loan use and repayments
An unsecured loan can be used for various purposes, and there are many repayment term options. Typically from a few months up to 10 years or more
Advantages of an unsecured homeowner loan
Disadvantages of an unsecured homeowner loan
Stricter eligibility criteria
If you have poor credit, or have missed payments in the past you may find it more challenging to be accepted for an unsecured homeowner loan or face higher interest rates
Higher interest rates
In comparison to a secured loan, unsecured homeowner loans generally have a higher interest rate to account for the increased risk of no assets being secured against the loan
Impact if you default
If you default on any repayments it is likely to negatively impact your credit score. This could make it more difficult to obtain credit in the future
Disadvantages of an unsecured homeowner loan
At Supacompare.com you can compare loans with:
Loan amounts from £100 to £35,000
Terms from 1 month to 10 years
APRs from 15.4% to 1299%
The following is a representative example from one of the lenders on our panel:
Representative Example: Borrowing £11,000 over 66 months, representative 31.9% APR fixed. Monthly repayment £328.37 Annual interest rate 28.01% fixed. Interest payable £10,672.42. Total repayable £21,672.42.
NB: Credit is subject to status and eligibility. The interest rate which you are offered will depend on the lender, loan amount and loan term along with your individual circumstances.
Supacompare is an independent credit broker, not a lender. To apply you must be a UK resident and aged 18 or over. Our comparison service works with a wide range of lenders and other brokers from across the market. Other credit products may also be available to you. Though we may be paid a fee by lenders or brokers this never influences how our products are ranked.
How can I find the right homeowner loan for me?
Start by evaluating your current financial situation, taking into account important factors such as your credit score, income, expenses and any current debt obligations. By carefully considering these factors you can determine the ideal homeowner loan you can afford to comfortably borrow and repay.
With Supacompare you can search a range of lenders, without impacting your credit score. Enabling you to compare unsecured homeowner loans from the UK's leading direct homeowner lenders without spending time filling in multiple forms.
Credit rating
A good credit score can increase your chance of getting better homeowner loan rates, so it's a good idea to check your credit report before making a homeowner loan application. By reviewing your credit report you will be able to spot and correct any inaccuracies that may prevent you from accessing more favourable homeowner loan options.
Check your credit report and score for FREE by signing up to Supascore
Compare
Supacompare is an independent credit broker and we will search our panel of unsecured homeowner lenders to present a range of options for you to compare. Explore the different unsecured homeowner loans on the market. Understand their advantages, features and risk. Compare available loan amounts, repayment terms, and interest rates associated with different homeowner lenders
Choose
After reviewing your homeowner loan offers, and deciding on the right option for you and your needs, it is your choice on who to proceed with
Guides and resources
Secured vs. unsecured loans
If you are searching for a loan, you will come likely come across two primary categories Read more...
The different types of loans
In today's financial landscape, loans have become an integral part of many people's lives Read more...
The importance of credit scores
If you're applying for a loan, credit card, mortgage, or even renting a property, your credit Read more...
Guides and resources
Got questions about unsecured homeowner loans? Your financial PA, SuPA has you covered!
An unsecured homeowner loan is a type of personal loan designed for homeowners. Unlike secured loans, these loans do not require collateral, such as your property, to secure the loan amount.
The loan amount you can borrow will depend on various factors, including your income, creditworthiness, and the lender's criteria. Generally, loan amounts range from £1,000 to £50,000 or more, depending on your specific circumstances.
Unsecured homeowner loans offer flexibility in terms of usage. You can use the funds for various purposes, such as home improvements, debt consolidation, buying a car, funding a major purchase, or covering unexpected expenses.
The repayment period typically ranges from 1 to 10 years, but it can vary based on the loan amount and your agreement with the lender. Shorter loan terms may result in higher monthly repayments but can save you on overall interest paid.
Depending on the lender, your credit score could play a significant role in determining your eligibility for an unsecured loan. Lenders may consider your credit history alongside your income and existing financial commitments when assessing your application. Having a good credit score improves your chances of approval and may result in more favourable loan terms.
Many lenders allow early repayment of unsecured homeowner loans. However, it's important to review the terms of your loan agreement to check for any early repayment fees or penalties. Paying off your loan early could potentially save you money on interest charges.
If you find yourself struggling to make loan repayments, it's crucial to contact your lender immediately. They may be able to offer assistance, such as revised repayment plans or loan modifications. However, failing to make repayments can have a negative impact on your credit score and may result in additional charges or legal action.
You can start your application journey for a homeowner loan by clicking here. Supacompare is an independent credit broker and we will search our panel of lenders to present a range of options for you compare. After reviewing the offers, and deciding on the right option for you and your needs, it is your choice on which lender to proceed with.
Searching for a homeowner loan with Supacompare won't impact your credit score. We use the information in your enquiry to check your eligibility against our panel of lenders
It's highly recommended to compare lenders before taking out an unsecured homeowner loan. Different lenders may offer varying interest rates, loan terms, and fees. By comparing multiple options, you can find the lender that best suits your needs and offers the most favourable loan terms for your circumstances.
