About Nemo loan...
- Competitive low interest rate
- Loyalty 25% interest-back bonus on certain loans
- Can lend to self-employed applicants
A Nemo loan allows you to borrow between £10,000 and £100,000. This loan is a secured personal loan available for UK homeowners.
Nemo loans offers a competitive variable interest rate, and you can spread your repayments over a period of 5 to 25 years, making Nemo loans an affordable finance option.
Nemo Loans
Nemo loans is a new name in the secured personal loan market, run by The Principality Building Society, the largest Welsh building society. Nemo loans will be your loan lender, so you will be borrowing money directly from the building society and not through a loan broker.
Secured personal loan
The Nemo loan is a secured personal loan for UK homeowners. As a secured loan, you will need to use your property as security on the loan.
The Nemo loan can be used for any purpose, whether you are looking to finance home improvements, consolidate your debts or buy a new car, Nemo loans should be able to help.
How much can I borrow?
As long as you can afford the monthly repayments, you can borrow up to 100% of your property's value, minus any outstanding mortgage.
The Nemo loan allows you to borrow money based on the available equity in your property. The equity of your property is it's current market value, minus any outstanding mortgages or other secured loans.
Self employed applicants
Nemo loans doesn't discriminate against self employed applicants. If you are self employed you are allowed to self-certify your income up to a maximum of £50,000.
How do I apply for a Nemo loan?
You can apply online for a Nemo loan via the link below or the 'apply now' button at the top of this page, this will take you to the Nemo web site, where you can access the application form.
Online applications are safe and secure, all your information will be encrypted so only Nemo Personal Finance Ltd can read it.
Apply for Nemo loan 
| Loan Details |
| |
|
Notes.. |
| Typical APR |
10.9% APR (variable) |
The typical APR is the rate most people are offered. |
| Loan Purpose |
Any purpose |
Including debt consolidation |
| Available Amounts |
£10,000 to £100,000 |
- |
| Available Terms |
5 to 25 years |
- |
| Early Settlement Charge |
£175 |
- |
| Deferred Repayments |
Unknown |
- |
| Loan Fee |
Unknown |
- |
| Loan to Value |
Up to 100% |
This is the percentage amount of the total value of your property that you can borrow with this loan.
The amount of money available in your property to borrow - your equity - must include a subtraction of your outstanding mortgage and any other loan secured on your property.
|
| Security Required |
Secured on property
|
- |
| Personal Requirements |
21 to 75 years old
Earning at least £15,000 |
- |
| Payment Protection |
Yes |
Optional |
|
10.9% APR
