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Northern Bank Home Owners Personal Loan


Acceptance Criteria

  • You must be 18 years of age or older to apply
  • The loan is not secured against your home
  • You must have a good credit history
  • You must be a Northern Bank mortgage customer
  • A guarantee and indemnity may be required (you may need to pay an extra fee for this)
  • Northern Freedom, Choice Plus and Prestige customers are eligible for a discount

Loan Details

Representative APR

4.4%

Loan Amount

£1,000 - £25,000

Repayment Period

Minimum Term 12 months

Loans up to £25,000 - 5 years

Repayment Method

Standing Order via a Northern Bank Account

Speed To Payout

Apply In branch - 24-48 hours

Apply over phone - 5 working days

Arrangement Fee

No Fee

Payout Method

Transferred into your bank account

Income Protection Available

No

Average Customer Review

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Loanfinder Ranking

2nd for APR of 423 loans in the UK  (See Lender League Table By APR)

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About Northern Bank Home Owners Personal Loan

Northern Bank's Home Owner loan is exclusively available to Northern Bank mortgage customers, so do not apply if this is not the case. You can borrow between £1,000 and £25,000 which you can pay back over 5 years. You can make over payments and lump sum payments without being charged any extra. A guarantor and indemnity may be required, so do not apply if you would not be able to provide this. This means you will have someone to back your application and promises to make repayments if you don't.

You can apply over the phone by calling 0800 66 00 33. Or you can apply in one of your local branches. If you apply in the branch, your loan can be paid out into your Northern Bank servicing account between 24 and 48 hours. If you apply over the phone, it can take up to 5 working days. At the end of the application they are able to tell you if you have been accepted or not. If you have been accepted, they will send out the loan documents to your home address which you will need to sign and send back (you may need to send extra documents to prove you can afford the loan). Once this has been done they will pay the money into your account.

Charges

Default Fees

Interest owed on the instalment from when it is due until the date it is actually paid

Early Settlement Fees

You can settle at any time by giving them notice in writing and paying off the amount you owe under the agreement

Late Payment Fees

None

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Contact Details

Address

Northern Bank Limited, Donegall Square West, BT1 6JS

Telephone Number

0800 66 00 33

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