Ocean can help you find a great deal on a loan. We have over 20 years’ experience helping people find the right personal and homeowner loans, and we could find the right loan company for you.
If you’re looking for a loan to make a big purchase, to make some home improvements or perhaps you’re looking to consolidate your debts, we could help – we can assist you in finding a loan company in the UK, and you can use the loan for almost any purpose.
We offer two different types of loan:
Homeowner loans, or secured loans as they’re also known, are only available from any given loan company to people who own their own property. This is because the loan is secured against your home. So, if you fail to meet your repayments, it could be at risk.
Homeowner loans are usually for large amounts of money - £10,000 to £100,000 – and can be repaid over 3 to 25 years depending on your individual circumstances. We can help you find a loan company in the UK to provide you with this type of loan.
Homeowner loans are secured against your property. We are a broker and we arrange secured loans from a panel of lenders. We receive commission upon completion. A fee of 10% of the net loan amount, set at a minimum of £995 and capped at a maximum of £3995 is payable upon completion and can be added to your loan. Loans are subject to status, the rate you are offered may change based on your individual circumstances.
For a personal loan, or an unsecured loan as they’re also called, you don’t have to be a homeowner to be eligible, as it isn’t secured against your property.
They’re usually for smaller amounts of money compared to a homeowner loan - £100 to £10,000 - and they can be repaid over 3 to 60 months. We’ll find you the best personal loan providers based on your individual circumstances.
Unsecured loans: 49.9% APR Representative (variable). 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.
We could help you find a mortgage – tell us how much you need to borrow, and we’ll find you the best deals we can offer from our panel of lenders.
Even if you’ve got a bad credit history (such as missed payments in the past), we’ve access to a wide range of mortgage deals and loan companies, so we’ll do everything we can to find you a deal.
Find out more about our mortgages
The Ocean credit card comes with an easy to manage credit limit, and, if your credit rating isn’t 100%, it can help you rebuild it.
*By meeting your minimum monthly repayments on time, and staying within your credit limit, you’ll be showing lenders that you can borrow money responsibly. This should be reflected in your credit score. Not doing so could harm it.
Find out more about the Ocean Credit Card
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Check NowGetting a loan when your credit history isn’t 100% can seem like a bit of a challenge. But it doesn’t have to be. In fact, we specialise in helping people with poor credit find a bad credit loan by finding the best loan providers for their situation – and we can do the same for you.
Whether you’ve missed payments in the past, have a CCJ or are in arrears, we could help. You may even have a bad credit rating because you haven’t borrowed before, so lenders can’t see how you’ve managed money in the past. Whatever the reason, we specialise in finding you the best deal.
If you’ve had problems with credit before, you may stand a better chance of being accepted for a homeowner loan rather than a personal loan. That’s because lenders have the extra security of knowing that the loan is secured against your property. However, that does mean that your home may be at risk if you fail to meet your repayments.
Yes. If you’re finding making lots of payments towards lots of different debts a struggle each month, you could use an Ocean homeowner or personal loan to pay off all of your existing credit cards, overdrafts and unsecured loans and replace them with just one affordable monthly payment instead.
Please bear in mind that consolidating your debts with a loan could increase the amount of interest you pay in total as you’ll be paying it back over a longer period of time.
We’ve helped hundreds of thousands of people find the right loan/loan companies, and we can help you too.
