GetMyMortgage
HOMEOWNER LOANS

Homeowner loans, compared across 14 lenders

Borrow £20,000 to £250,000 against your home while your existing mortgage stays exactly as it is. A specialist adviser compares options across the panel and explains the costs before you decide.

What would the loan be for?
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Free 30-second check · No impact on your credit score
  • Your mortgage, and its rate, stays exactly as it is
  • Borrow £20,000 to £250,000 depending on your circumstances
  • Compared across a panel of 14 lenders

Lenders including

How it works

From a 30-second check to a clear answer

1

Check in 30 seconds

Answer a few questions online. Free, and no impact on your credit score.

2

Speak to a specialist

A qualified adviser compares homeowner loans across the lender panel and explains the options.

3

Get your answer

An adviser will call at a time that suits you, with a free, no-obligation quote.

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What it can be used for

What people use homeowner loans for

Combine other borrowing

Bring credit cards and personal loans into one homeowner loan while leaving your mortgage untouched.

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Home improvements

Fund an extension, renovation or major project without remortgaging.

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A large purchase

Spread a significant cost without changing an existing mortgage deal.

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Something else

Tell the adviser what you need and they will say whether a homeowner loan fits.

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Illustrative example

What combining your other debts could look like

Your mortgage stays separate and unchanged. Only the credit cards and personal loan are combined.

Today, you’re paying…

Mortgage — unchanged

£76,358 · Same rate

£432 / month

Credit cards

£24,478 · Recorded payment

£715 / month

Personal loan

£15,586 · Recorded payment

£420 / month

Other debts subtotal£1,135 / month

Your mortgage continues unchanged

One homeowner loan for your other debts

£43,954

Total borrowing, incl. £3,890 fees

£419.55 / month

Estimated monthly payment

Here's what one customer's month looked like†† Illustrative example based on a real customer of Your Mortgage People Limited who took a secured loan on 17/12/2025. Total borrowing £43,954.00 over 12 years, with an initial 5-year fixed rate of 5.59%, then moving to the lender’s standard variable rate of 6.91% at the time of sale. Balance includes a £995.00 lender arrangement fee and a £2,895.00 broker fee. Before payments are the customer’s recorded monthly payments. This individual example is separate from the wider customer cohort result.

£1,135

before

£419.55

after

£715.45

reduction

Their mortgage didn't change. Everything else became one loan.

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† Illustrative example based on a real customer of Your Mortgage People Limited who took a secured loan on 17/12/2025. Total borrowing £43,954.00 over 12 years, with an initial 5-year fixed rate of 5.59%, then moving to the lender’s standard variable rate of 6.91% at the time of sale. Balance includes a £995.00 lender arrangement fee and a £2,895.00 broker fee. Before payments are the customer’s recorded monthly payments. This individual example is separate from the wider customer cohort result.

Specialist access

Why a specialist, not your bank

Your bank

Can only offer its own products
Applies the same criteria to everyone
No access to specialist lenders
14-LENDER PANEL

A specialist adviser

Looks at your actual circumstances
Compares a panel of 14 lenders, including specialist lenders you cannot approach directly
Your adviser is paid the same whichever lender you choose

Compare the routes

Homeowner loan or remortgage?

Both can work. The right answer depends on your circumstances — an adviser will tell you which, honestly.

Homeowner loan

  • Your current mortgage, and its rate, stays exactly as it is
  • A separate second loan alongside your mortgage
  • No early repayment charges on your mortgage, because your mortgage does not change
  • Borrow £20,000 to £250,000 depending on your circumstances
  • You keep making two payments: your mortgage, plus the loan

Remortgage

  • Replaces your existing mortgage, so your current rate ends
  • Could mean losing a good fixed rate, or paying early repayment charges
  • Early repayment charges may apply if you are still in a fixed deal
  • Sometimes the better answer, and if it is, we will say so
  • One payment, with the borrowing added to your mortgage

Honest on both sides, on purpose. The point of advice is the right answer, not a particular product.

Honest advice

When a homeowner loan isn't the answer

Sometimes remortgaging or unsecured borrowing is the better route. Extending the term of any borrowing can increase the total amount you repay. 49% of homeowners who come to us are told a remortgage would serve them better. If that is you, we will say so.

Homeowner loan questions

Do I need to be a homeowner?
Yes. A homeowner loan is secured against a property you own. If you are not a homeowner, this is not the right product and an adviser will say so.
What if my mortgage is nearly paid off?
That is fine, and often helps — more equity usually means more options. If you own your home outright, a homeowner loan may still be available, though the product works slightly differently. An adviser will explain.
Will this affect my mortgage rate?
No. A homeowner loan sits alongside your existing mortgage. Your mortgage and its rate are unchanged.
Will checking affect my credit score?
No. The 30-second eligibility check does not perform a credit search and has no impact on your credit score.
Can I get a homeowner loan with poor credit?
Possibly. Specialist lenders on the panel consider circumstances a high street lender would decline — past defaults, missed payments, a thin credit file, or income that is not a straightforward salary. The rate offered reflects the risk, so an adviser will show you the cost before you decide whether it is worth it.
What's the difference between this and a personal loan?
A personal loan is unsecured, so nothing is at risk if you fall behind, but the amount is usually capped and the term shorter. A homeowner loan is secured against your home, which is what makes larger amounts and longer terms possible — and also why the consequences of falling behind are more serious. For smaller amounts a personal loan is often the better route, and an adviser will say so if that is the case.
What does the service cost?
The eligibility check and the quote are free with no obligation. There may be a fee if you decide to proceed — your adviser will explain any costs clearly before you commit.
What should I compare before deciding?
The monthly payment, the total amount repayable over the full term, the interest rate, and any fees or early repayment charges. Because the loan is secured against your home, the total cost matters as much as the monthly figure.
Is it the same as a secured loan?
Yes. Homeowner loan, secured loan and second charge all describe the same type of borrowing.

Your next step

See if a homeowner loan fits your circumstances.

Free 30-second online check. No impact on your credit score.

Check My Eligibility

Free, no-obligation quotes.