This is for homeowners with a good credit record who are looking to borrow a larger amount.

Suitable for home improvements or that special holiday.

Interest rate vary with amount and loan amounts are between £2,500 and £7,500.

Use the loan calculator below to get an estimate of how much interest you may pay (for illustration purposes only)

To be eligible to apply for a Homeowners Loan, we ask that members:

• have sufficient disposable income
• have a minimum household income of at least £18,000 mainly from employment or pension
• have been employed for at least 3 years (for those in employment)
• have owned your current home for at least 3 years
• Have no adverse credit findings for at least 3 years
• Be up-to-date with any existing or previous loans
• Repay installments by standing order (unless cash repayments on previous loans were made with no defaults)

Use the loan calculator below to get an estimate of how much interest you may pay (for illustration purposes only)

If you are already a member Click here for details of the information you will need to supply and the application process.

If you are not already a member you need to apply for membership click here for the information you need.

The interest rates are:

£2,500-£4,999: interest rate is 1%/month which equals 12.68% a year (APR)

£5,000 – £7,500: interest rate is 0.65%/month which equals 8% a year (APR)