Switch credit cards, loans and overdrafts to:
- lower rates
- longer repayment terms
- 1 affordable monthly payment
Secured Loans
£15k to £500kSecured Loans
£15k to £500k
Example: The Scotts’ reduced monthly outgoings by £712 with a secured loan.
Old monthly payments
£976
New monthly payment
£264
Remember, if you pay off existing borrowing with a new loan, you may be extending the term and increasing the amount you repay overall.
'Supportive service from beginning to end'
Everything was explained thoroughly and broken down clearly so I could understand every step of the process. Trusted customer
'I would highly recommend them!'
I am very pleased with the service they gave and any questions I asked they explained the answers without any confusing "jargon". Trusted customer
'The whole process took far less time than expected'
Having the app was especially great and easy to upload documents to, or simply ask a question. Trusted customer
Secured loans are secured against your home. Your home is at risk if you don’t keep up repayments.
*Customer names have been changed to protect their confidentiality. Average reduction in outgoings of more than £700 per month for customers taking a loan to repay existing credit commitments in the last 12 months.
One search shows:
Our lowest loan rates.
Your homeowner advantage.
- We compare 100s of loans
- We’ll get you the best rates
- See your results in minutes
Use your loan to:
Reduce your outgoings
Swap existing credit commitments for one lower, affordable monthly payment
Improve your home
Enjoy your home whilst adding value to it
A bit of both?
Use your loan for almost anything you wish; a combination of the above or something different – you choose!
We are a broker and we arrange secured loans from a panel of lenders. We receive commission upon completion. Fees may be payable depending on your choice of financial product. The rate you're offered and the fees will depend on your circumstances and will be discussed prior to you proceeding with your loan. 11.0% APRC representative.
Why choose Ocean?
More choice
Choose from a wide range of financial products to fit your lifestyle
Less hassle
Safe to check, simple to apply and tailored to you
Choose with confidence
Use our clear, concise comparison info to make the right decision
Here to help
Our soft search technology enables you to see loans you are eligible for, without harming your credit score.
- Loans for all situations
- Top brands and specialist lenders
- Our advisers will check this is your best option
Compare personal and secured loans together. Here's why:
It’s a loan that’s secured against your property, so you need to hold a mortgage to be eligible.
Secured loans can be used for many different purposes, including larger projects, or reducing monthly payments to existing credit commitments.
As the loan is secured against your home, it gives lenders an extra level of security. As a result, these loans are usually for larger amounts of money, the rates are usually lower and you can borrow the money for longer – compared to other loans.
A personal loan does not require your home as security and offers fixed term borrowing of up to £15,000, over a maximum of 5 years.
It can be used for a range of purposes and is quick to arrange - completely online- so you could receive the funds within 24 hours of your application.
Secured loans offer borrowing of up to £500k over 3 to 30 year terms
- Can be cheaper than a personal loan
- Secured against your home
- An adviser will check this is your best option
Personal loans offer borrowing of up to £15,000 over 1 to 5 year terms
- Quick to arrange
- Home ownership not required
- Quick online decision
No, getting a quote won't harm your credit score.
Secured loans are secured against your property. Before you apply for a secured loan, be aware that your home is used as security. This means your home may be at risk if you fall behind with your secured loan or mortgage repayments.
Remember, if you repay your existing borrowing with a secured loan, you may be extending the term and increasing the amount you repay in total.