• apply for a loan of between £10,000 and £250,000 over one to 30 years.

  • We’ll find affordable rates to suit you. Fixed or variable.

  • no-obligation quote that won’t show up on your credit report.

  • THIRD CHARGES AVAILABLE AND UP TO 100% LOAN TO VALUE! 

  • Homeowner Loan rates start at 6.7%. The rate you’re offered will reflect your circumstances and how confident the lender is that you can make repayments.

  • StarLoans is a Lender and Introducer to other financial companies. We offer Secured Loans up to £250,000 and Unsecured Loans FOR HOMEOWNERS up to £35,000.

What if I have CCJs, defaults or mortgage arrears?

  • Whatever your previous credit history, our experienced UK customer care team can help you find a loan with the best terms available for your situation. Even if you’ve been turned down elsewhere, we could still help.

  • Your interests are paramount. We take time to understand your financial circumstances and what is in your best interests.

  • Our experienced friendly service has no upfront fees, hidden costs or exorbitant charges.

Application will not affect your Credit Score

  • Applying won’t affect your credit score as we only perform a “soft search” which leaves no footprint on your credit file at a Credit Reference Agency.

  • At StarLoans we give you a personalised quote – we mean it. We will consider all your circumstances.

apply online for a free no obligation quote

Secured Loans from £10,000 to £250,000 for Any Purpose

Unsecured Loans for Homeowners from £10,000 to £35,000 for Any Purpose

  • Secured Loans are typically used for home improvements or debt consolidation. But any purpose can mean a wedding, holiday of a lifetime or helping family on to the property ladder.

  • Home improvements can be expensive but a Secured Loan spreads the cost. Wisely spent, home improvements will increase the enjoyment of your home and should increase your home’s market value.

  • Debt consolidation lets you settle expensive debt with affordable repayments.

Sensible Alternative to Remortgaging

  • If you do not want to give up a good First Mortgage deal or pay a high exit fee, a Secured Loan provides excellent flexibility.

  • A mortgage exit fee is called an Early Repayment Charge which you must pay if settling during your mortgage tie-in period.

secured homeowner loans UK

Reasons to take out Secured Loans

Home improvements and debt consolidation are the most common reasons to take out a Secured Loan. This is because you can usually borrow a larger sum at a lower interest rate over a longer term than unsecured debt.

1. Home improvements may add value to your home and so it makes sense to take out low cost long term borrowing. Over time the cost of your secured borrowing should be more than offset by the increase in your house value plus your enjoyment of living there!

2. Debt consolidation is the refinancing of expensive unsecured debt which enables you to take control of your finances and save money! Consolidating these accounts into a single secured loan will mean one monthly payment rather than many small payments that need paying on different dates.

What should I look out for when taking out a Secured Loan?

Always look at the loan term, interest rate and monthly payment. Remember that your home is at risk and you should budget carefully. We will conduct a thorough affordability assessment but we cannot know your personal finances as well as you do!

Check whether the interest rate is fixed or variable. You do not want to be caught out by an unexpected increase in interest rates and hence an increased monthly payment. StarLoans only offers loans with a fixed interest rate which gives our borrowers certainty in financial planning.

Assess any fees and charges. Whilst a credit broker may find you a good interest rate deal, remember that a commission of say 10% may be charged! Look at penalties associated with missed payments or early settlement. Star Loans only charges fees to cover our administration costs and are therefore kept as low as possible.

  • How flexible is the secured loan?
  • Is the interest rate fixed?
  • Can I borrow more?
  • Are the fees and charges fair?
homeowner loans UK

StarLoans offers flexible loans at fixed interest rates to help you navigate life’s unforeseen events.

Secured Loan for Holiday or Camper Van

Do you have equity in your home and sustainable income? If you can answer yes our secured loans may be suitable for you!

Who are Secured Loans suitable for?

Secured Loans are suitable for homeowners with significant equity in their properties. Equity is the difference between your home’s value and your secured borrowings, such as your mortgage. So if your home is valued at £200,000 and you have a £100,000 first mortgage, you have equity of £100,000. Since most lenders will lend up to 80% of your home’s value, this means you can borrow an extra £60,000!

Lenders have a regulatory duty to ensure that your loan is suitable for your financial and personal circumstances. Unless you can demonstrate sufficient income to afford repayments on a sustainable basis they cannot lend to you! Borrowers will always be asked to prove their income with payslips or company accounts if self-employed.