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Secured loans for wide-ranging credit histories

Secured loans for wide-ranging credit histories

Norton Finance helps you find competitive interest rates (representative 11.3% APRC variable), even if you’ve been rejected elsewhere

Remember homeowner/secured loans are secured against your home putting it at risk. You may also end up paying more in interest than you would do on an unsecured loan.

Norton Finance Platinum Trusted Service Award 2023

Why borrow with Norton Finance?

Homeowner loans with competitive interest rates

From 6.7% APR — low monthly payments

Decision within 24 hours (business working days only)

You could get funds in three to four weeks

Suitable for people across a wide range of credit histories

Even if you’ve been turned down elsewhere

Another borrowing option, just for homeowners

Norton Finance could help you find a homeowner loan with rates and terms suitable for your needs. Their staff searches a large panel of lenders to find options for wide-ranging credit histories.

  • Borrow from £3,000 – £1M

  • Rates from 6.7% APR

  • Check eligibility without affecting your score

How it works

  1. 1

    Tell Norton Finance how much you want to borrow and for how long

  2. 2

    Get a ‘Decision in Principle’ within 24 hours (business working days only)

  3. 3

    A Norton Finance mortgage adviser will guide you to complete the process

  4. 4

    Receive your funds in three to four weeks, once approved

Need to know

A homeowner loan is secured against your property. Make sure you can afford the repayments for the duration of the loan. YOUR HOME MAY BE REPOSSESSED IF YOU DON’T KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT. THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. You may be able to apply for credit that doesn’t need to be secured against your home. Don’t borrow more than you can afford. It’s a good idea to set up a direct debit so never miss a repayment. Applicants must be 18 or over and resident in the UK. Norton Finance and Mortgages Limited is a credit broker and not a lender. They work exclusively with a limited number of carefully selected lenders. They receive a commission from the lenders they introduce you to if you subsequently take out a loan with them.

Norton Finance, Norton House, Mansfield Road, Rotherham, South Yorkshire S60 2DR Tel: 01709 518518

Representative Example

If you borrow £34,480 over 10 years, initially on a fixed rate for 5 years at 7.60% and for the remaining 5 years on the lenders standard variable rate of 8.10%, you will make 60 monthly payments of £467.50 and 60 monthly payments of £473.06. The total repayable would be £56,528.60 (This includes a lender fee of £595 and a broker fee of £4137). The overall cost for comparison is 11.3% APRC representative. Maximum APR 36.6%.

Need help?

If you’re struggling with debt or repayments, find out the next steps to take.

With you in mind

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    Platinum trusted service with five stars on Feefo

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    Guidance from start to finish with a Norton Finance mortgage adviser

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    Call customer support for FREE, 24/7

Homeowner loans for a wide range of credit histories

Norton Finance’s staff will help you find a competitive interest rate, from as low as 6.7% APR.

Norton Finance is an independent loan company with almost 50 years’ experience in helping customers find suitable loan deals for their circumstances. They’re a broker, not a bank or a building society, meaning they aren’t limited to their own loan products. They offer rates from 6.7% APR on loans between £3,000 – £1M over 1 – 30 years.

To be eligible for a homeowner loan with Norton Finance, you must be:

  • Over 18 years old

  • Be a UK resident

  • Be a homeowner

Yes. Across a wide range of credit histories, Norton Finance has a large panel of lenders with products specifically designed for customers with a low credit score (representative 11.3% APRC variable). They may also offer to customers who have CCJs, defaults and mortgage arrears on their credit report. Their staff will help you find a loan for your circumstances.

You will receive a ‘Decision in Principle’ within 24 hours (business working days only) of completing the online application. From here one of Norton Finance’s mortgage advisers will contact you to guide you through the rest of the process, which if approved, usually takes around three to four weeks.

If approved, Norton Finance aims to have the funds with you in three to four weeks.

Norton Finance offers repayment terms from 1 – 30 years. You can use their loan calculator to help you decide the monthly amount you'll be happy to pay.

Mortgage arrears are a ‘priority debt’ and should be paid before other debts like credit cards, as you could lose your home if you fall behind on payments. 

If you’re struggling to pay back the loan you should contact the lender as soon as possible to discuss your options. They may be able to restructure your debt to make it more affordable or give you a short repayment holiday if this sort of temporary measure is likely to help. Missed payments may result in a credit score impact. 

Before changing the secured loan, you should understand how the change may affect you by getting independent financial advice.

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TotallyMoney is an independent credit broker, not a lender. We are paid a commission by partners, but this never influences how our products are ranked. We don't provide financial advice. Product information is obtained from independent sources and rates displayed may vary depending on your personal circumstances.

While we make every effort to ensure that information is up to date, you should always confirm the terms of the offer with the product provider. TotallyMoney is owned and operated by TotallyMoney Limited which is registered in England and Wales (Company Registration Number 06205695). TotallyMoney Limited is an Appointed Representative of TM Connect Limited, which is registered in England and Wales (Company Registration Number 06967012) and authorised and regulated by the Financial Conduct Authority in respect of consumer credit related activities (FCA FRN: 511936). Registered Office: 5th Floor, Halo, Counterslip, Bristol, BS1 6AJ. Credit is available, subject to status, only to UK residents aged 18 or over.