Homeowner loans from Evolution Money

At Evolution Money we have access to a wide range of homeowner loans. Homeowner loans are different from personal loans because, as their name suggests, you offer some form of security – in this case, your home.

Homeowner loans are a good way for people to borrow the amount they need. Particularly if their circumstances mean it’s difficult to get an unsecured loan.

Evolution Money will search the market for you to find loans up to £20,000.  We like to make everything as simple as possible, as you can see from our basic qualification criteria.

To be considered for a loan, you must:

  • be aged 18-68 years of age
  • be a homeowner occupier
  • live in England, Scotland, Wales or Northern Ireland
  • be currently employed for at least 6 months and earn a minimum of £1000 net per month
  • have your income paid directly into a bank account by BACS


Loan rates

The APR you pay will depend on your personal circumstances. As a rough guide, if you have never missed a repayment on any lending you will pay typically an APR of 19.9%-33.9%, while if you have missed mortgage payments and have CCJs you will typically pay 278%-399.7%. But this can differ depending on your situation.

Homeowner loans, personal service

At Evolution Money we listen to you. Your application will be individually assessed by your Personal Account Manager, not by a computer. They will discuss your situation with you and base their decision on your present circumstances, rather than your credit history. They will also be there for you from your first discussion, right through until the money is in your account. We’ll also be on hand throughout your loan term, so if you have any concerns at all, your Personal Account Manager is always just a call away.