Personal and homeowner loans from Ocean
Looking for a loan? At Ocean, we could help you find a loan for almost any purpose. Whether you’re looking to make a big purchase, need to make some home improvements, or even want to consolidate your debts, we could help.
We offer two different types of loan:
Also called an unsecured loan, it isn’t secured against your property, so you don’t need to own your own home to be eligible to apply.
- Borrow £1,000 to £5,000
- Available over 1 to 4 years
Unsecured loans : 44.9% APR Representative. Ocean is part of Intelligent Lending Limited. We are a broker for the Ocean personal loan. R Raphael & Sons Plc are the lender. We will not charge you for arranging your personal loan but, if your application completes, the lender will pay us for our services.
Also known as a secured loan, homeowner loans are secured against your property, so you’ll only be eligible if you own your home or have a mortgage.
- Borrow £10,000 to £250,000
- Available over 3 to 30 years
We arrange secured loans from a panel of lenders. We will receive a commission from the lender upon completion. A fee of 12.5% of the net loan amount, capped at £2975, is payable upon completion. The actual rate available will depend upon your circumstances. Ask for a personalised illustration.
Debt consolidation loans
If you’re repaying multiple existing debts each month, you could use a debt consolidation loan to make the payments more manageable.
By using a loan to consolidate your debts, you could:
- Replace your multiple repayments with one easy-to-manage repayment each month
- Reduce the amount you pay
- Free up money for other purposes
Get a quote for a debt consolidation loan today and see what your monthly repayments could be.
Remember, as you’ll be repaying your debt over a longer period, you could increase the amount of interest to be paid overall.