Assured UK Homeowner Loans Despite Bad Credit
If you are a home owner struggling with very bad credit score, we at Loan Princess can help you avail hassle free secured or unsecured loan solutions. Whether you choose to take a large second charge loan or an unsecured personal loan, we can help you find the cheap homeowner loans in the UK.
Secured homeowner loans with bad credit rating
A secured homeowner loan uses your residential property as collateral. It is a second charge loan that uses the balance equity as loan security. Generally people who seek a large sum of money opt for secured homeowner loans with bad credit.
We at Loan princess can help you avail secured loans beginning from £500 to £35,000. The loan eligibility and cost would certainly depend on your monthly income and home equity.
Being a home owner it is likely that you already have a mortgage on your home. When you want to get a fresh loan, the lender would consider the balance equity to calculate your eligibility for home owner loan. At Loan Princess we help borrowers evaluate how much they can borrow as homeowners with bad credit rating.
Most people who opt for secured home owners loans seek debt consolidation loans. By consolidating debts using home equity, they are able to avail low cost home improvement loans. Consolidation helps to make the monthly debt affordable and ease the bad credit situation.
Unsecured Homeowner Loans with bad credit rating
An unsecured loan is the loan that is granted without collateral. The eligibility of the unsecured loans is based on the borrower's creditworthiness. However when you have bad credit, owning a home goes in your favour. We have proven track record of helping homeowners in UK avail unsecured loans without collateral.
Like personal loans there is not restriction on the use of funds. You can avail an online home owner loan for home renovation, business expansion or travel plans. Besides debt consolidation, people in UK use homeowner loans to fund home improvement plans.
Simple home expansions such as kitchen remodeling and adding sitting space on garden can enhance the value of your home. As the value of your property increases, so does your credit worth.
Our team of brokers can help you find easy to repay financing solutions like sofa on finance, boiler finance, kitchen finance and many more. You only need to share your list of expenses and we might help you find the best home improvement financing options despite your current mortgage.
Who can apply for homeowner loans for bad credit?
Generally people who seek long term loans for bad credit rating apply for homeowner loans for bad credit. You can apply for secured home owner loan or unsecured homeowner loan according to your credit situation.
Being a home owner you can apply for home equity loans despite your past credit situation. Your monthly income or occupation doesn’t affect your loan eligibility. Many unemployed people also take shelter in homeowner loans to stay afloat till they find a new job.
Our financial advisors are well trained to help bad credit borrowers take instant decision on homeowner loans. We never recommend haste in decision making, but believe in empowering borrowers make informed decisions.
3 steps to hassle free homeowner loans with bad credit score
- Fill & submit the form on this page.
- Wait for our call and share your credit requirements clearly.
- We will search for the closest match deals available in the UK and you can choose the best one without a delay.
You can contact us for assured help on following home owner loans:
1. Loans for home improvement
Home improvement enhances value of your property. Whether you plan a short term revamping of your home or want to add some additional space in a bigger project, we can help you seek decent amount without a fail. We can search for exclusive loans for kitchen renovation, loans for house renovation and many more according to your credit requirements.
2. Loans for urgent purchases and home furnishing
The broking solutions at Loan Princess are planned according to custom needs of people in the UK. We have tie ups with experienced lenders offering loans for boilers, loans for home furnishing including furniture and more.
3. Debt consolidation loans for bad credit
When the rate of debt to income ratio exhilarate causes bumpy financial ride, it is time to opt for debt consolidation. We provide 100 % online support for the same. We help borrowers seek affordable debt consolidation loans against their home equity.
4. Personal loans for homeowners
In case you do not want to risk the ownership of your home, we can help you find personal loans for bad credit. Being a home owner we will search for cheaper options for you.
How homeowners avail better terms?
- The loan application is approved swiftly.
- There is less paper work for homeowners as compared to tenants.
- The loans are offered at cheaper interest rate.
- More lenders prefer bad credit borrowers with home ownership.
- A homeowner can also help people with bad credit rating avail guarantor loans.
Benefits of using broking service by Loan Princess
- At Loan Princess we extend assured help to all those who contact us despite their bad credit rating.
- We search for bespoke deals at the lowest available rates.
- We are registered by FCA and contact credible lenders only.
- We help borrowers avail affordable instalments.
- We never ask for guarantor or collateral. No hard checks initiated.
- We extend 100% online support to repay the loan on time.
- Our broking service is absolutely free and there is no upfront fee involved. We do not have any hidden charges.
Give wings to your home improvement dreams and fill application form now!
We compare loans that can be paid back over terms of between 1 and 25 years. The APR interest rate you’ll be charged depends on your personal circumstances, and will be between 3.2% and 99.9%.
This is a representative example of what it may cost: a Loan of £7,500 over 60 months at 3.3% APR would equate to monthly repayments of £135.60, and the total cost of the loan that you pay back would be £8,136.22