Norton Finance secured homeowner loans

Norton Finance is a broker matching borrowers with secured loans of up to £245,000.

Last updated:

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.

Yorkshire-based Norton Finance is an independently owned finance broker, not a direct lender. This means it will search a range of lenders to find you an appropriate deal and won’t actually provide the funds itself.

Norton Finance helps homeowners to use the equity in their property as security for loans. By offering security, borrowers can access larger sums, lower rates or simply stand a better chance of getting their application across the line. The purpose of the loan could be anything from home improvements to debt consolidation.

The obvious downside of secured loans (also known as “second-charge mortgages”) is that they put your home on the line, so you should think carefully before proceeding.

Compare Norton Finance loans

Table: sorted by overall cost for comparison (representative APRC)
Updated February 19th, 2020
Name Product Maximum LTV Loan amounts Loan terms Overall cost for comparison
Norton Prime Secured Loan
70%
£7,500 to £245,000
1 to 25 years
7.6% APRC
Norton 1 yr Discounted Fast Track Secured Loan
60%
£3,000 to £145,000
1 to 20 years
8% APRC
Norton 1 yr Discounted Standard Secured Loan
75%
£3,000 to £145,000
1 to 20 years
8.5% APRC
Norton Prime Secured Loan
75%
£7,500 to £245,000
1 to 25 years
8.7% APRC
Norton Fast Track Secured Loan
60%
£3,000 to £245,000
1 to 20 years
9.1% APRC
Norton 1 yr Discounted Fast Track Secured Loan
60%
£3,000 to £70,000
1 to 20 years
9.5% APRC
Norton Standard Secured Loan
75%
£3,000 to £245,000
1 to 20 years
9.6% APRC
Norton Fast Track Secured Loan
60%
£3,000 to £245,000
1 to 20 years
9.6% APRC
Norton Prime Secured Loan
55%
£7,500 to £80,000
1 to 25 years
9.8% APRC
Norton Standard Secured Loan
75%
£3,000 to £245,000
1 to 20 years
10.2% APRC
Norton Prime Secured Loan
70%
£7,500 to £80,000
1 to 25 years
10.2% APRC
Norton Prime Secured Loan
80%
£7,500 to £80,000
1 to 25 years
10.4% APRC

Compare up to 4 providers

Overall representative example
If you borrowed £42,000 over a 14-year term at 9.02% p.a. (variable), you would make 168 monthly payments of £489.01 and pay £82,153.68 overall, which includes interest of £35,663.68, a broker fee of £3,995 and a lender fee of £495.00. The overall cost for comparison is 11.5% APRC representative.

Norton Finance secured loans at a glance

  • Borrow £3,000 to £245,000 over 1 to 25 years.
  • Panel of over 600 financial products.
  • You could be accepted for a loan even if you have a poor credit history, CCJs, are self-employed or retired.
  • A “broker fee” and a “product fee” will be added to your loan amount.
  • Your home will be used as security on your loan. Missing repayments will put your property at risk.

The interest rate you are offered will depend on factors such as how much you apply for, the term of the loan, the equity in your home and your credit history.

Am I eligible for a Norton Finance secured loan?

You should only apply for a Norton Finance homeowner loan if you’re certain you can meet the repayment terms. You must also be a UK resident aged 18 or over. Naturally, you’ll need to own a home to secure the loan against.

Being retired or self-employed or having bad credit or CCJs doesn’t necessarily rule you out – Norton Finance will still aim to find you a suitable loan product.

How can I apply?

You can call Norton Finance or complete its online form to request a quote. You’ll need to give a few simple details including:

  • Your name and address
  • Your employment status
  • Details of your income

Norton Finance will then discuss your requirements with you in more detail. You should have information to hand regarding what you need the loan for and, if you are taking out a loan to consolidate debts, details of the other loans too.

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.

Read more on this topic

  • Clearly Loans homeowner loans Clearly Loans offers secured loans through its network of brokers, to UK homeowners with an existing mortgage.
  • Long term loans Long term loans can help lower your loan repayments, even if you have bad credit. Compare your options now.
  • Secured debt consolidation loans A secured loan can help you consolidate your existing debt by offering lower rates and more flexible loan terms.
  • Short term secured loans Short term secured loans let you borrow up to £2.5 million with more competitive rates, but also help to keep your overall interest costs down.
  • Fast secured loans Find out how fast you can get approved for a secured loan, and compare a range of secured loan quotes now.
  • How to get a secured loan Here's our step-by-step guide on getting a secured loan. Find out how to apply today.
  • Secured home improvement loans A secured loan can help fund any home improvements you have planned. See how it works here.
  • Best secured loans See how to get the best secured loan and compare a range of secured loan quotes now.
  • Debt consolidation loans for bad credit You can use a debt consolidation loan to make it easier to manage your existing debts and improve your credit score.
  • Secured loans with bad credit A secured loan lets you use the equity in your house as collateral against the loan, even if you have bad credit. See how it works in our guide.
Go to site