Non Homeowner Loans

Loans for tenants & those who don’t own their own home

Questions? See our FAQs

Guarantor lenders in the table below. No guarantor?

Amigo Loans Company Logo Amigo For the borrower:YesNo Apply
For the guarantor:YesNo
Bamboo Loans Logo Bamboo For the borrower:YesNo Apply
For the guarantor:YesNo
Buddy Loans Company Logo Buddy For the borrower:YesNo Apply
For the guarantor:Yes No
Georg Banco Loans Company Logo George Banco For the borrower:YesNo Apply
For the guarantor:YesNo
Guarantor My Loan Company Logo Guarantor My Loan For the borrower:YesNo Apply
For the guarantor:No No
Trust Two Loans Company Logo TrustTwo For the borrower:YesNo Apply
For the guarantor:Yes No
UK Credit Company Logo UK Credit For the borrower:YesNo Apply
For the guarantor:YesYes
1 Plus 1 Company Logo 1 + 1 For the borrower:YesNo Apply
For the guarantor:YesNo

Not seeing all the table? Turn yor phone sideways.

lock Safe & secure
fca Authorised
ico Registered
gdpr Compliant
  • one simple form
  • up to 27 lenders
  • instant quotes
  • all online
  • no obligation
  • free service
  • secure

Popular Questions


I don’t own my own home, can you help?

From our panel of 27 UK lenders we’ve loans that are:

  • Available to tenants
  • For people who don’t own their own home (living with parents etc.)
  • ‘Unsecured’, so not secured against a property or vehicle.
  • For those with a less than perfect credit score.
  • For those who do, and do not have a guarantor.



How does a guarantor loan work?

Typically, the best value borrowing for tenants with a poor credit rating 👍

  • Lenders don’t look so much at the status of the applicant but the person backing their application (see criteria for more details)
  • It’s not a problem if the applicant doesn’t own their own home and has poor credit.
  • These are the people this type of loan was designed for.
  • The applicant needs 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 is to have a clean credit file and a regular income; they don’t have to be a homeowner – see more info here.

My guarantor doesn’t own a home, a problem?

No, they could be suitable 👍

  • If they have a clean credit file
  • Have a suitable regular income so the repayments are affordable to them if you ever defaulted.
  • Meet the guarantor criteria

See ‘Who can be a guarantor for a loan’


Can I use the money for home improvements?

Yes 👍

You can use the funds for whatever purpose you wish (so long at it’s legal)

  • If you’re a tenant, remember to get your landlords permission before making any alterations, if you don’t:
    • Changes may be against the terms of your tenancy agreement, plus
    • You may be required to return the property into its original condition at the end of the tenancy!
  • Many people also use the funds for

Why’re loans more expensive for non-homeowners?

Lenders look at stats when deciding on their interest rates 📉

  • UK stats say that defaults are higher for tenants compared to homeowners.
  • Not a reflection on you or your backer, but unfortunately lender underwriting criteria.
  • However good rates still available from 47.8% APR.



Do you do 'no guarantor' loans?

Yes 👍

However, the best deals are for people who can find a guarantor

  • You’ll need to show the loan is affordable
  • You cannot be insolvent (in an IVA, bankrupt, Trust Deed etc.)
  • See What’s the criteria


More Questions


What will the loan cost?

Estimate your loan repayments with our loan calculator, but to get an accurate quote and to find out exact loan repayments

  • Submit your details to the lenders via our loan apply form
  • No cost, obligation, or impact on your credit file at this stage.

Will I get credit checked?

Your credit score will not be impacted by only getting quotes 😀

  • We do a soft search on your credit file which crucially does not leave a mark for other companies to see, which does not impact your credit score or impact any future credit applications.
  • If you decide to take out a loan, then both you and your guarantor will be subject to a hard credit check, but only after you have made a formal loan application with the lender. Too many hard credit checks over a short period of time can affect your credit score for six months, reducing your ability to get approved for credit in the future.

Can getting a loan improve my credit score?


  • By successfully making all your loan repayments without default, and
  • Repaying the credit in full

This is one of the things you can do to rebuild your credit score


What’s the cost to use this website?

We’re a free service, zero charge 👍

  • 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 see how we get paid.

Is this like a home credit loan?

No 👎

Home credit loans (also known as doorstep loans)

  • Are small Loans from £100 to £1,000
  • Where an agent for the loan company visits your home on a weekly basis to collect the loan repayments in cash.
  • Have typical Representative rates around 535% - 757%
  • Compared to our Representative APR of 49.5%.

Why not go directly to the lenders?

We save you the time and effort of applying to multiple lenders ⏱️

  • When you Get Quotes, we automatically check with up to 27 lenders and return your quotes in seconds
  • With no impact on your credit score
  • For free
  • All quotes are the same as if you went the lender direct
  • We get paid directly by the lenders

Even more questions?


Can non-homeowners and tenants get guarantor loans?