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Mr A K (Dundee)
Quality service – Excellent
Quality Doc’s – Excellent
Quality of advice – Beyond excellent, top class
How often kept waiting on the phone - Never
Would you recommend us to a friend – Definitely

Mr D F T (Essex)
Quality service – Excellent
Quality Doc’s – Excellent
Quality of advice – Excellent
Helpfulness of staff – Excellent
How often kept waiting on the phone – Some calls
Would you recommend us to a friend – Yes
“Smooth from start to finish, first time used Essential Loans and will definitely use them again.”

Mrs F M (Notts)
Quality service – Excellent
Quality Doc’s - Good
Helpfulness of staff – Excellent
How often kept waiting on the phone – Never
Would you recommend us to a friend – Yes
“Very helpful, always kept me well informed.”

Mr D T (Essex)
"Very quick, accurate, very efficient, can’t complain, no problems what so ever. Would recommend and use again."

Mr D M (Cumbria)
Quality service – Good
Quality Doc’s – Good
Quality of advice – Excellent
How often kept waiting on the phone – Never
Would you recommend us to a friend – Already have (brother).

Mr D R (Surrey)
"I was very pleased with the service I received. You were very helpful and understanding and very efficient."

Mr P C (Shropshire)
"Very efficient and very helpful, we got everything we needed with no problems at all."

Miss K H M (Aberdeen)
Quality service – Excellent
Quality Doc’s – Good
Quality of advice – Good
Helpfulness of staff – Excellent
How often kept waiting on the phone – Never
Would you recommend us to a friend – Definitely
“Really good questions always answered. Whoever I spoke with was always more than willing to help.”

Mr B M (Wiltshire)
"Warm friendly service, got to the point very quickly and stayed with it to a successful conclusion."

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Registration #302732

 
 
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Frequently Asked Questions

 
 

How much can I borrow?

 

A Secured Loan (or Homeowner Loan) may allow you to borrow any amount from £5,000 to £150,000, depending on your circumstances.

 
 

What can I use the loan for?

 

A Homeowner Loan from Essential Loans can be used for any purposes. You can use the money in the form of a Consolidation Loan, to go on holiday, to buy a new car etc - the choice is yours.

 
 

What would a personal loan actually cost?

 

The exact amount you will pay per month will depend on the amount borrowed, the loan rate, your individual circumstances and the length of the term on the Secured Loan. Use our online Repayment Calculator for repayment examples.

 
 

Will I have to pay an application fee?

 

We don't charge any up-front fees, house valuation costs or legal fees. Equally, if you decide to top up your loan later, there will be no up-front fees or set-up charges then either.

 
 

Is my application confidential?

 

Every Homeowner Loan application is treated in the strictest confidence. We will not contact your bank or employer without your permission.

 
 

What if I move house?

 

In certain circumstances your loan may be transferred to your new property, or you can simply clear the amount outstanding from your sale proceeds.

 
 

Over how long can I spread the repayments?

 

Generally, your loan may be repaid over any period between 5 and 30 years.

 
 

Can I repay the loan early?

 

Yes. The balance outstanding on your Secured Loan will be calculated and a rebate given on the outstanding interest in accordance with the Consumer Credit Act 1974.

 
 

What if I am off sick or lose my job?

 

Our optional insurance schemes are available to cover your monthly Homeowner Loan repayment if you are unable to work due to illness, redundancy or unemployment.

 
 

What if I want to borrow more?

 

Just contact us, even if your are still in the process of repaying your Secured Loan with us. We may even be able to help reduce your monthly outgoings by merging them into ONE affordable Consolidation Loan.

 
 
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THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY OTHER DEBT SECURED ON IT.

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