Non-Homeowner and Tenant Loans

See our non-homeowner loan options, or frequently asked questions for more information.

LenderBorrowerGuarantorRep APR (fixed unless stated)
Amigo Loans Company Logo Amigo Tenants OKYesYes 49.9% (Variable) Apply
Homeowner Cheaper RateNoNo 49.9% (Variable)
Bamboo Loans Logo Bamboo Tenants OKYesYes 49.7% Apply
Homeowner Cheaper RateNoNo 49.7%
Buddy Loans Company Logo Buddy Tenants OKYesYes 49.9% Apply
Homeowner Cheaper RateNoNo 49.9%
Georg Banco Loans Company Logo George Banco Homeowner Cheaper RateYesYes 49.7% Apply
Homeowner Cheaper RateNoNo 49.7%
Guarantor My Loan Company Logo Guarantor my Loan Tenants OKYesNo 48.9% Apply
Homeowner Cheaper RateNoNo 48.9%
Trust Two Loans Company Logo TrustTwo Tenants OKYesYes 49.9% Apply
Homeowner Cheaper RateNoNo 49.9%
UK Credit Company Logo UK Credit Tenants OKYesYes 59.9% Apply
Homeowner Cheaper RateNoYes 39.9%
1 Plus 1 Company Logo 1 Plus 1 Tenants OKYesYes 47.8% Apply
Homeowner Cheaper RateNoNo 47.8%

Not seeing all the table? Turn yor phone sideways.

Frequently Asked Questions

1What if my loan backer does not own their own home?

This is not a problem, as long as they have a clean credit file and a suitable regular income; though unfortunately, you will not qualify for the lowest rate loans.

2Why are loans cheaper for homeowners?

Lenders look at statistics when deciding upon their loan rates, and statistics say that loan failure rates are higher for tenants compared to homeowners. That is not a reflection on you or your backer, but unfortunately just the lender’s own research statistics within the UK.

3How much will a loan therefore cost me?

To estimate your loan repayments please see our loan calculator.

To get an accurate quote and to find out exact loan repayments you will need to submit your details to the lenders via our loan apply page. Please note that there is no cost, obligation or credit check at this stage.

4What lenders are there to choose from?

We have partnered with the very best lenders in the UK, and a list of all the lenders and their loans can be found on our compare loans page.

It is worth spending a bit of time looking through this page for it will also help you to understand the different options that you have available.

5Do I get credit checked?

You will not be credit checked when you fill out the loan apply form on

At this stage your details will be sent to the lenders and they will contact you with their quotation.

At this stage you, or your guarantor do not get credit checked.

If you decide to take out a particular loan, then both you and your guarantor will be credit checked, but only after you have made a formal loan application with the lender.

6How much does it cost to use

We are a free service to use, we get paid by the lenders if you take out a loan.

Loans via us will cost you the same as if you went to the lenders directly. For more information, please see how we get paid.

7Where can I get more details on Guarantor Loans?

For more detail please see out dedicated page What is a Guarantor Loan?

8Where can my guarantor get more details about being a guarantor?

For much greater detail please see our page Being a loan guarantor

9How does it work?

With this type of loan, the lender does not look at the status of the applicant but the person who is backing their application.

So it is not a problem if the applicant does not own their own home and has poor credit, these are exactly the sort of people this type of loan was designed for.

It is key for the applicant to find a loan backer, someone with a good credit history to support their application, usually a family member or friend.

The main criteria for the loan backer are to have a clean credit file and a regular income; they do not have to be a homeowner, but the best rates are available to those who are.

10Case Study

Click here is a short story about how getting a guarantor loan helped Steve fix his van to help his business survive.