Need a loan? Find personal and homeowner loans with Ocean. We can find some of the best loans in the UK that can be used for almost any purpose and we may be able to help if you’ve got bad credit.
49.9% APR Representative (variable)
Find out moreLooking for a loan? At Ocean, we could help you find the best loans 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 apply for a loan.
Unsecured loans: 49.9% APR Representative. Ocean, a trading style of Intelligent Lending limited. We are a broker, not a lender. To find you a loan, we work with a preferred lender panel as well as panels operated by other brokers. We will search the lenders in order of who offers the best representative APR, first from our preferred panel and then from the panels of other brokers.
Also known as a secured loan, homeowner loans are secured against your property, so you’ll only be eligible if you own your own home or have a mortgage. You can get a loan if you own your own home, tailored to your needs.
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.
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:
Get a quote for a debt consolidation loan today and use our loan repayment calculator to 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 when you get a loan for debt consolidation.
Applying for a loan with Ocean is really easy. Click on the ‘find out more’ buttons above to get a bit more information on the different types of online loans we offer.
You can then fill in our short online form and we will search for a personal loan for you. Or if you want a homeowner loan, use our quick loan calculator to see what your payments might be on a homeowner loan before applying.
Know if you're accepted before you apply with QuickCheck
Check Now
Feefo reviews are gathered anonymously from genuine customers. Take a look at some of the comments from people Ocean has helped.
All our personal loans are unsecured. This means that they they’re not secured against your property, so you don’t have to be a homeowner to apply. This also means that your home won’t be at risk if you find yourself unable to meet your monthly repayments. Use our loan repayment calculator to work out the monthly repayments first.
Homeowner loans are also available. You can find out more about these here.
Personal loans are generally for small to medium amounts of money (between £100 to £10,000) and are repaid over 3 to 60 months. Homeowner loans can be much larger (between £10,000 and £100,000) and the repayment periods can be much longer too – up to 25 years.
However, as the name suggests, you can only apply for a homeowner loan if you own your own property. This isn’t the case with a personal loan.
If your credit rating isn’t perfect, it can be harder to get a loan, but it doesn’t mean it’s impossible. A lender may simply offer you a higher interest rate for offline and online loans than they would if you had a good credit rating.
If you own your own home, you may be more likely to be accepted for a homeowner loan. That’s because the loan is secured against your property, giving your lender more security in the event you don’t make your repayments.
Remember though, with a homeowner loan, your property may be at risk if you don’t meet your repayments.
Homeowner loans usually come with a lower APR, which means you’ll pay a lower amount of interest, but they’re also usually repaid over a longer period than a personal loan. This means you could pay more interest in total by the time you’ve paid it all off.
We can find some of the best loan deals in the UK and have helped hundreds of thousands of people find the right loan. We can do the same for you.
