If you are a regular saver with equity in your property we can give loans up to the maximum allowable by our Regulator. This is £10,000 on top of your savings. The maximum savings you can have is £7,500. Rates are negotiable but start as low as 5.25% APR.
To be eligible for a Thamesbank Homeowner Loan, you must:
- Be a member of Thamesbank Credit Union
- Have equity in your property
- Have a good credit history
- Be able to afford the monthly repayments
The application process for a Thamesbank homeowner loan is simple. You just have to complete the online form. Once approved, you will receive the funds within 2 working days.
Why choose a Homeowner Loan from Thamesbank?
- The interest rate on a Thamesbank homeowner loan is fixed for the duration of the loan, so you can budget with certainty
- There are no early repayment penalties, so you can pay off your loan early if you have the means to do so
- Thamesbank Homeowner Loans are available to members of Thamesbank Credit Union who live or work in the London Boroughs of Ealing, Hounslow, Kingston Upon Thames, Richmond Upon Thames, Wandsworth and the Borough of Spelthorne, Surrey
If you are a homeowner who is looking for an affordable loan, Thamesbank homeowner loans may be a good option for you.