Homeowner Loan

If you own your own home or have been saving with us every month for a year or more, this is the loan for you. Terrific value, with an interest rate of only 1.2% per month payable on the reducing balance. This is equivalent to 15.39% APR. You may apply to borrow any amount up to £7,500.

To check on what the repayments would be on a Homeowner Loan please contact us.

Interest on members’ loans is charged on the reducing balance. There are no charges whatsoever, and no fees for early repayment. All loans are insured. For details of the insurance please click here.

You will be expected to continue to save at least £10 a month whilst your loan is outstanding.

For information on how to apply for a loan click here.