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:

Personal Loans

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.

Homeowner Loans

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.

Try our loan calculator to see what your payments could be

The amount we show you is just an estimate. To get a personalised quote, we’ll ask for a few more details.

Sorry but we don't offer loans of more than £250,000

Estimated monthly payments:

Based on your loan request you could be suitable for an

Apply today

Representative Example
If you borrow £29,000 over 13 years at an annual interest rate of 7.8% (variable) you would make 156 payments of £331.76 per month. The total amount of credit will be £22,754.56. The total amount repayable will be £51,754.56 (This includes an average Lender fee of £495 & Broker fee of £2,975). The overall cost for comparison is 10.4% APRC Representative. Subject to status, the actual rate will depend on your circumstances.

Representative Example
If you borrow £3,000 over 36 months at an annual interest rate of 37.7% (fixed), Representative 44.9% APR, you would pay £140.27 per month. The total amount repayable will be £5,049.72.

Sorry, we don't offer loans for

We offer Ocean Personal Loans from £1,000 to £5,000 and Ocean Homeowner Loans from £10,000 to £250,000

Sorry we can't help with this loan amount / term

Ocean Personal Loans (£1,000 - £5,000) are available between 1-4 years only

Ocean Homeowner Loans (£10,000 - £250,000) are available between 3-30 years only