Homeowner Loans For Parents Raising A New Home Deposit For A Child

Homeowner Loans For Parents Raising A New Home Deposit For A Child

UK Homeowner Loans To Help Children Onto The Property Ladder

Homeowner Loans To Raise Deposit For A Deposit For First Home For Child

If you are a homeowner with a current mortgage and your are looking to borrow £25,000 or more using the equity in your home to raise a deposit for a child’s first home we can help you source finance.

See below for a table of indicative rates from leading second charge lenders who provide finance for UK residents looking to raise funds to raise a deposit for a first home.

Flexible Homeowner Loan

Borrow from £25,000

  • Rates from 3.65% APR
  • Term – 3 to 35 Years
  • Loans for any purpose
  • Homeowners with a mortgage

Call us on 0117 980 7743 

Homeowner Loans From £25,000
Loans can be taken out for all sorts of purposes including:
  • Home improvements
  • Buy to let purchase
  • School fees
  • A wedding or new car
  • Payment of tax bill
  • Business purposes
  • Bridging loan exit
Get Loan Quotes »
Loan Type
Paragon Bank Homeowner Loan
APR/APRC
3.57% APR
Loan Term
5 to 25 Years
Borrow
£30,000 to £500,000
Special Features:  One of the cheapest homeowner loans in the UK!
Loan Type
Masthaven Homeowner Loan
APR/APRC
3.84% APR
Loan Term
Up To 35 Years
Borrow
£10,000 to £750,000
Special Features: Raise capital for any purpose
Loan Type
Shawbrook Homeowner Loan
APR/APRC
3.9% APR
Loan Term
3 to 25 Years
Borrow
£25,000 to £500,000
Special Features: Complete flexibility – repay the loan in full at any time
Loan Type
Optimum Credit Homeowner Secured Loan
APR/APRC
4.0% APR
Loan Term
3 to 35 Years
Borrow
£5,000 to £500,000
Special Features: Borrow up to 95% of your property value
Loan Type
United Trust Bank Homeowner Secured Loan
APR/APRC
4.05% APR
Loan Term
3 to 30 Years
Borrow
£10,000 to £500,000
Special Features: Super fast loan process from start to finish
Loan Type
Precise Homeowner Secured Loan
APR/APRC
4.3% APR
Loan Term
Up To 35 Years
Borrow
£10,000 to £500,000
Special Features: Borrow up to 85% of your property value
Loan Type
Together Homeowner Loan
APR/APRC
6.9% APR
Loan Term
Up To 30 Years
Borrow
£3,000 to £1,000,000
Special Features: CCJs and Defaults up to 70% LTV (loan to value) accepted

Representative Example

Representative Example:The Representative APRC is 5.9%. Based on an assumed loan amount of £48,000 (including broker fee of £2,505 & product fee of £495) over 240 months at an interest rate of 5% (variable). Monthly repayment £316.78 & total repayable £76,027.20.

Homeowner Loan Service

Our loan service offers homeowner loans for any purpose – so if you are looking to fund a deposit for a child’s first home a homeowner loan (second charge mortgage) may be an option for you.

As the loan company is securing the loan against your property a secured loan often provides a cheaper longer term finance solution than an unsecured loan, but this will be subject to your circumstances.

We work with independent secured loan brokers who search the market for deals offered by leading providers to help you find the homeowner loan company which offers you the best deal for your situation.

Homeowner Loans From £25,000

Homeowner Loan Representative Example:

The Representative APRC is 5.9%Based on an assumed loan amount of £48,000 (including broker fee of £2,505 & product fee of £495) over 240 months at an interest rate of 5% (varaible). Monthly repayment £316.78 & total repayable £76,027.20.

YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE