Nemo Loans

Nemo LoansNemo Loans

Nemo Loans is part of the Principality Building Society and specialises in homeowner finance.  If you’re a homeowner with a mortgage you may qualify for a Nemo secured loan.  Features include:

  • Borrow between £10,000 and £100,000.
  • Typical rate is 8.9% APR variable.
  • Make repayments over a period of between 5 and 25 years.
  • Borrow up to 85% of your property value, less your outstanding mortgage balance.
  • If you are self-employed Nemo allows homeowners to self-certify their income up to a maximum of £50,000.
  • Nemo is a responsible lender and will only loan money to people that are able to afford to repay them. 
Lender
Min Loans
Max Loans
Typical APR
Apply
First Plus
£5K
£100K
8.5%
Nemo
£10K
£100K
9.7%
Accepted
£7.5K
£105K
10.5%
Ocean Finance
£3K
£100K
13.8%
Welcome Finance
£1.5K
£20K
25.0%

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE.

All Nemo Loans are subject to status and ability to repay. Loans are secured on property and are for home owners and mortgage payers only. Please be sure to read the Nemo Loans agreement fully and carefully before making any agreement.

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