We are currently experiencing technical difficulties with our telephone system.
We apologise for any inconvenience and are working to resolve this as soon as possible.
Evolution Money
Customer Enquiries 0161 814 9158
This website uses cookies. By continuing to browse the site you are agreeing to our use of cookies. Continue

Homeowner Loans

Secured Loans > Our Loans > Homeowner Loans

Homeowner Loans

At Evolution Money, we like to say yes. If you have a mortgage, you could borrow up to £50,000 with a homeowner loan.

See if you’re eligible today. It’s simple, straightforward, and totally obligation-free.

  • Get an obligation-free quote
  • Checking won’t affect your credit score
  • Flexible secured loans up to £50,000

Take advantage of our simple application process, flexible lending terms up to 20 years, and no obligation quotes.

Find out today if you qualify for a homeowner loan with Evolution Money.

What our happy customers say:

How much do you want to borrow? £5,000 to £50,000
For how long? 1 to 20 years.
Loan Purpose
What is your loan for? Your answer won't affect our decision but is helpful to know.
Is this a joint application?

Homeowner loans that suit you

When your life changes, we understand your finances can hold you back.

That’s why we offer homeowner loans that work around you. 

Our flexible loan options give you the power to spread the cost over 1 to 20 years. And if you don’t have a spotless credit history, you can still apply for our homeowner loans – because we don’t think your past should get in the way of your financial future.

So whether you’ve got big plans or just want to borrow with bad credit, our secured loans could be the answer you’re looking for.

Make plans happen with a homeowner loan

Whatever you want your future to look like, our secured homeowner loans could help you get there.

If you're looking to obtain credit, our secured loans can be used for a range of purposes

Carry out home improvements; a great way to invest back into your property
A wedding loan could turn your dreams into a reality
Bigger personal items such as cars can be financed using a secured loan
Take your family on that much needed holiday
Even if you have bad credit we could still help you with a loan

What are the benefits of a homeowner loan?

Compared to other types of loan, secured homeowner loans have a few perks:

Lower interest rates

The interest rates for secured loans may be cheaper than those attached to unsecured loans. This can make a homeowner loan more affordable every month.

Higher loan amounts

Simply speaking, you can borrow more with a homeowner loan. Offering your home as collateral reduces the risk for lenders, so they’re happy to trust you with a larger loan amount.

Apply with bad credit

If you struggle to get accepted for a personal loan and you’re a homeowner, a secured loan could be a good alternative. Thanks to the added security of your home, some lenders consider other factors than simply your credit score.

What are the risks of a homeowner loan?

If you make all of your repayments on time and in full, the loan should be risk free. However, you could put your home at risk of repossession if you repeatedly miss payments. Before you get to that stage, it’s essential to raise any issues with your lender.

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

Yes, you can apply for homeowner loans with bad credit. As you are using your home for collateral, you are considered less of a risk to lenders, and so you’re more likely to be accepted – even if you’ve had problems dealing with debt in the past.

What can I use a homeowner loan for?

You can use a homeowner loan for virtually any purpose. As you can receive large amounts of money with a secured loan, many people use their loan to buy items (cars, wedding, holidays etc) or consolidate expensive debt. Common ways to use a homeowner loan include:

Home improvement projects

Building a conservatory or buying a new kitchen doesn’t come cheap. For many people, taking out a secured loan is a way of affording costly home improvements.

Debt consolidation

If you’re juggling lots of different repayments, you could consolidate your debts with a second charge loan. You could repay all of your debts with the lump sum and roll them into one repayment plan.

As homeowner loans may come with lower interest rates compared to personal loans, you could save money on a monthly basis. And with less monthly payments to think about, it could make life simpler too. It is worth noting that doing this may be extending the terms of the debt and increasing the total amount you repay.

Questions you may have...

How much can I borrow with Evolution Money?

Depending on your eligibility, you could borrow between £5,000 and £50,000.

How long will it take me to receive my homeowner loan?

We understand you’ll want to receive your loan as quickly as possible. That’s why we work fast to ensure you receive your funds within three weeks. There have been some cases,  where the customer has received their loan in just a few days, however a lot will depend on various factors such as how quickly you return your documents to us, if there are any additional questions etc.

What are the steps of getting a secured loan with Evolution Money?

At Evolution Money, applying for a secured loan couldn’t be simpler.

After completing our quick application form, we’ll get in touch to understand your situation a little more. Once we’ve agreed on your loan, we’ll send over important documents for you review and if agreed,  to sign. Once you’ve returned these, your case manager will give you a final call to check you’re still happy with the loan.

Then that’s it. Your loan will be approved, and you’ll receive money in the bank in anything from as little as a few days up to 3 weeks.

Who will deal with my homeowner loan application?

We won’t pass you from pillar to post. When we deal with your secured loan application, you’ll usually just have two points of contact: an underwriter and your designated case manager.

What documents do I need to be approved for a homeowner loan?

When you apply for a homeowner loan, we’ll need to check you are who you say you are. Having these documents to hand can speed up the entire process:

  • Proof of address (such as recent utility bills)
  • Proof of income (your last three months’ payslips)
  • Proof of identity (a passport or driving licence)
  • Bank statements (up to 3 months worth)
  • You’ll also need to provide your mortgage account number and your home insurance document.

Want to know the approximate cost and timescales of your loan? Take a look at our handy loan calculator to see what your repayments might be on a homeowner loan through Evolution Money.

Or, give us a quick call on 0161 814 9158 to talk through your loan needs and get a no obligation quote from our qualified loan advisors at Evolution Money.

Apply for my Homeowner Loan

How our customers rate us

We’re proud of the high standard of our customer service and believe that each of our customers should be treated as an individual.
Evolution Money 96 out of 100, based on 178 reviews over the past year. 178 user reviews. Read our reviews

Members of the The Finance & Leasing Association

FLA logoWe are a member of the FLA (Finance and Leasing Association) and subscribe to its lending code.


Feeling social? Check out our social pages!

Tweet us on Twitter
Like us on Facebook
Add us on Google+

Our Address

Evolution Money,
9 Portland Street,
M1 3BE

Registered Company Number: 06987852

Contact by Phone

General Enquiries:
0161 814 9158

0161 814 9165

Contact by Email

Evolution Money Limited is a licensed credit broker and service provider to Evolution Lending Limited. If your application doesn’t meet the underwriting requirements of Evolution Lending Limited we may pass your information to other lenders and brokers. Evolution Money Limited is a company registered in England & Wales, registration number 06987852 and registered at 9 Portland Street, Manchester, M1 3BE. Authorised and regulated by the Financial Conduct Authority, firm reference number 708324.

© 2021 Evolution Money | Cookies | Complaints Policy | Breaking Down Our Loans | Terms & Conditions | Fair Processing Notice
Start Here
Please wait

Please wait

Don't leave just yet!

Evolution Money are a multi Award Winning UK finance company with thousands of happy customers!

Award Winning

Our friendly loan advisors can let you know if you're eligible for a loan without affecting your credit score. Why not give us a call today!

Freephone 0800 144 8188

Back to Evolution