Loan Logics homeowner loans review

A specialist lender and broker, Loan Logics offers secured loans for those looking to use the equity in their home.


Fact checked
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage or any other loan secured on it.

Compare Loan Logics loans

Table: sorted by overall cost for comparison (representative APRC)
Data indicated here is updated regularly
Name Product Maximum LTV Loan amounts Loan terms Overall cost for comparison
Loan Logics Fast Track Secured Loan
£3,000 to £70,000
1 to 25 years
15.9% APRC
Loan Logics Fast Track Secured Loan
£3,000 to £70,000
1 to 25 years
15.9% APRC

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Overall representative example
If you borrowed £37,000 over a 14-year term at 8.76% p.a. (variable), you would make 168 monthly payments of £431.53 and pay £72,497.04 overall, which includes interest of £30,802.04, a broker fee of £3,700.00 and a lender fee of £995.00. The overall cost for comparison is 11.5% APRC representative.

What is Loan Logics?

Loan Logics is a lender and broker specialising in secured loans for homeowners. It claims to offer personalised loan underwriting and approval, and won’t use your credit score as part of its process. Loan Logics will also consider borrowers who have less-than-perfect financial history, as well as those who may have struggled to get approved for a loan in the past.

Key features of a Loan Logics homeowner loan at a glance

  • Borrow £3,000 to £70,000. You can borrow up to 60% of the value of your property equity with a Loan Logics secured loan.
  • Loan terms of 1 to 25 years. You can choose to repay your loan over a period of up to 25 years, with monthly payments. You can also choose to make smaller weekly payments if you’re struggling to meet your monthly obligations, or additional repayments if you want to pay off your loan early.
  • Fixed interest rate. Loan Logics claims to offer competitive rates that remain fixed throughout the course of your loan, so your monthly payments remain consistent.
  • Good or bad credit accepted. Loan Logics does not use your credit score as part of its approval process, meaning you may be eligible for a loan regardless of your credit history.
  • Security. Homeowner loans require you to use the equity you have in your house as security against the loan, which means your home may be at risk if you fail to make your repayments.

Am I eligible for a Loan Logics homeowner loan?

You’ll need to be a UK resident and between the ages of 21 and 80 to be eligible for a Loan Logics secured loan. You’ll also need to have equity in your house which can be used as security against the loan.

How can I apply?

You can apply for a Loan Logics secured loan by contacting a member of its team by email, or by phone on 01326 375505. You’ll then need to submit a loan application directly, which will be handled personally by a Loan Logics employee, and not an automated decision-making process.

Frequently asked questions

We show offers we can track - that's not every product on the market...yet. Unless we've said otherwise, products are in no particular order. The terms "best", "top", "cheap" (and variations of these) aren't ratings, though we always explain what's great about a product when we highlight it. This is subject to our terms of use. When you make major financial decisions, consider getting independent financial advice. Always consider your own circumstances when you compare products so you get what's right for you.

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