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Homeowner Loans

Secured Loans > Our Loans > Homeowner Loans

Homeowner Loans

At Evolution Money, we like to say yes! If you’re a homeowner with a mortgage, you could borrow up to £100,000 with a homeowner loan – you can even borrow money with bad credit.

Try out our nifty loan calculator form and see how much you could borrow. It’s simple, straightforward and totally obligation free.

Our simple application process means you could be accepted in no time at all, and the homeowner loan could be deposited within a few days.

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

In the meantime, why not read what some of our customers have to say? They were once in your position!


How much do you want to borrow? £5,000 to £100,000
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

Homeowner loans that suit you

When your life changes, we understand that sometimes your finances can hold you back, which is 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 secured loans with bad credit – 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 money with bad credit, our secured homeowner loans could be the answer you’re looking for.

What is a homeowner loan?

Homeowner loans allow you to borrow a lump sum against your property. This means the loan is secured for the lender.

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 loans, 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

With homeowner loans, you can borrow more. Offering your home as collateral reduces the risk for lenders. This means they’re happy to trust you with a larger loan amount and makes borrowing with bad credit

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 great alternative. Thanks to the added security of your home, some lenders consider factors other than just your credit score.

What are the risks of a homeowner loan?

If you make all your repayments on time and in full, the homeowner 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 for big expenses (cars, wedding, holidays, etc.) or to consolidate existing 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 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. With fewer 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 £100,000.

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 homeowner 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.

How do I apply for a homeowner loan with Evolution Money?

At Evolution Money, applying for a secured homeowner 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 to review and, if agreed, sign. When we’ve received your documents, 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)
  • Your mortgage account number and your home insurance document.

Are there any fees?

We are completely transparent about the fees involved in your homeowner loan. There is a Lending Fee and a Product Fee which are added to the total amount repayable by you over the duration of your loan term.

For example, on a £6,000 loan, there would be a Product Fee of £600.00 and a Lending Fee of £699.00.

All fees are clearly broken down here so you can see exactly what you will be expected to repay.

Why choose Evolution Money for a secured homeowner loan?

At Evolution Money, we know that sometimes life can be unexpected and sometimes additional funds are needed.

Our founders have over 100 years combined experience within the sector, which is one of the many reasons we’re an award-winning company. We also know that getting the right homeowner loan is more difficult than ever before, particularly if you’ve had financial difficulties in the past.

Using our extensive experience, we’ve devised a solution to the problem of borrowing money with bad credit by offering flexible repayment terms that suit you.

Find out how we can help by contacting us today and get the ball rolling with your homeowner loan application.

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

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

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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.

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