Apply
Complete the online application and provide digital bank statements via Experian’s Affordability Passport.
Review
Our underwriters will review your application, usually within a working day.
Complete
If your application is approved, funds will be released within a working day.
Homeowner Loan Criteria
Age
You must be at least 21 at the start of the loan term and under 71 at the time the loan ends.
Location
You must have been a UK resident for at least the last two years.
Employment
You’ll need to have monthly income after tax of at least £1,300 or £1,800 if you’re under 30 years of age to be eligible.
Homeownership
Applicants must own a residential property in the UK. This includes shared ownership and buy to let properties, properties purchased using help to buy, as well as those owned outright. You must be named on the deeds of the property to be classed as a homeowner.
| Is this loan right for me? - A Norwich Trust loan may be suitable if you are a UK homeowner looking for an unsecured fixed-rate loan and can afford the monthly repayments for the full term. It may not be suitable if you are struggling with essential bills, already missing repayments, or if extending borrowing would increase the total cost of credit in a way that is not affordable to you. If you have experienced recent defaults, missed payments or CCJs, eligibility will depend on your individual circumstances and affordability assessment. |
Homeowner Loan Uses
We offer loans for many purposes including...
Debt Consolidation
Home Improvements
Vehicle Purchase
Wedding Costs
Who are Norwich Trust?
We are a trusted UK direct lender based in Norwich, Norfolk, who provide unsecured homeowner loans. We help homeowners across the UK access affordable finance without securing the loan against their property. Norwich Trust was incorporated in 2020 and we began lending under the Norwich Trust brand in 2024. As part of the Norfolk Capital Group, we benefit from more than 30 years of experience supporting people who may have been declined by high street lenders or have less-than-perfect credit. We are proud to have an Excellent Trustpilot rating, reflecting our commitment to outstanding customer service and positive customer experiences.
Whether you're looking to consolidate existing debts into one manageable monthly payment, fund a home improvement project, cover unexpected expenses, or achieve other financial goals, our experienced team is committed to finding a solution that works for your circumstances and we aim to get a decision to you within a working day. At Norwich Trust, we believe borrowing should be straightforward, transparent, and focused on achieving positive customer outcomes. We take the time to understand your individual needs, providing clear guidance throughout the application process, ensuring every loan is both responsible and affordable.
Our mission is to make unsecured homeowner loans accessible to those who need them most, helping customers across the UK move forward with confidence, even when traditional lenders have said no.
Frequently asked questions about Homeowner Loans
A Norwich Trust homeowner loan is an unsecured loan, available exclusively to homeowners in the UK that does not use your property as security.
Norwich Trust offers homeowner loans from £3,000 to £25,000, subject to affordability and eligibility requirements.
The amount you may be able to borrow will depend on your individual circumstances, including your income, existing financial commitments and overall affordability.
Our interest rates range from 25.9% to 29.9% APR and are fixed for the whole of the loan term. The APR is based on the loan amount, so what you see is what you get.
Norwich Trust offers loan repayment terms ranging from 3 to 10 years, depending on the amount you borrow and your individual circumstances.
A longer repayment term can help reduce your monthly repayments by spreading the cost of borrowing over a longer period. However, borrowing over a longer term may increase the total amount repayable as interest is charged for longer.
All applications are subject to affordability and eligibility requirements.
We can usually get you a decision within one working day.
Homeowner loans can be used for a variety of purposes, including debt consolidation, home improvements, weddings, or vehicle purchases.
Norwich Trust charges a £299 lender fee which is added to the loan, and included in the monthly repayment. There are no upfront costs for processing your application.
Yes. You can repay your loan in full at any time. However there will be an early settlement fee which is usually around 2 months' interest.
Content maintained by: Abbey Nichols-Henderson | Last reviewed: 13/10/2026