Our best rates for bigger borrowing.

Use your homeowner advantage.

Consolidate existing credit commitments or fund big projects with Ocean homeowner loans from £10,000.

Checking won’t harm your credit score

How it works

Homeowner loans offer:

Lower rates - 11.0% APRC Representative
Longer terms - 3 to 30 years
Larger amounts - Borrow £10k to £500k

Checking won’t harm your credit score

Loans are secured against your property. Before you apply for a secured loan, be aware that your home is used as security. This means your home may be at risk if you fall behind with your secured loan or mortgage repayments.

Did you know?

Over half of Ocean's debt consolidation loan customers reduced monthly credit payments by more than £700 in the last 12 months.

The Lawsons reduced their monthly outgoings by £924.

They were up to their eyes in debt and struggled with options due to their poor credit score.

A homeowner loan from Ocean helped them cut over £900 off monthly repayments.*

Could you do the same?

Before

£1,251

Old monthly payments

After

£327

New monthly payment

Could you do the same?

Checking won’t harm your credit score

Before

£1,251

Old monthly payments

After

£327

New monthly payment

Remember, if you consolidate your existing borrowing, you may be extending the term and increasing the amount you repay in total.

Customer names and image have been changed to protect their confidentiality.

Why choose Ocean?

Experts with 30 years experience
They’ll compare 100s of loans to find the best rate you’re eligible for
Winners of Feefo Platinum Service Award, 5 years running!

Check my eligibility

Checking won’t harm your credit score

Ocean are a broker and arrange secured loans from a panel of lenders and receive commission upon completion.

It’s easy to get started

Use Ocean’s quick application form
They’ll search 100s of loans
See results matched to your info

Check my eligibility

Checking won’t harm your credit score

FAQs

What is a homeowner loan?

It’s a loan that’s secured against your home, so you need to own your property or hold a mortgage to be eligible.

Homeowner loans can be used for many different purposes, including debt consolidation and home improvements.

As the loan is tied to your home, it gives lenders an extra level of security. As a result, these loans are usually for larger amounts of money, the rates are usually lower and you can borrow the money for longer, compared to other loans.

Remember, if you don’t stick to the repayments, your home could be at risk, and longer loan terms can lead to you paying more interest overall.

Checking won’t harm your credit score

I’ve been declined by lenders in the past because I have poor credit. Does that mean that I’ll be declined again?

Can I apply for a homeowner loan if I have bad credit?

What are the benefits of a homeowner loan over a personal loan?

A homeowner loan can be cheaper compared to a personal loan.

You can usually borrow larger amounts of money compared to a personal loan, as this is secured against your home.

You can pay the loan back over a longer period compared to a personal loan. Although extending your loan term may reduce your monthly repayments, you may end up paying more interest in total.

Checking won’t harm your credit score

Loans are secured against your property. Before you apply for a homeowner loan, be aware that your home is used as security. This means your home may be at risk if you fall behind with your secured loan or mortgage repayments.

Ocean are a broker and arrange homeowner loans from a panel of lenders and receive commission upon completion. Fees may be payable depending on your choice of financial product. The rate you're offered and the fees will depend on your circumstances and will be discussed prior to you proceeding with your loan.

Think carefully before securing other debts against your home.