ASDA Homeowner Loans

What could you do with a cheque for between £500 and £150,000? An ASDA Homeowner Loan can give you the chance to realise your dream, whether you're looking to build a new conservatory, finance a new car, book the dream holiday you've always wanted or simply consolidate your debts. How you spend it is up to you! At ASDA we want you to be able to enjoy the property market and take advantage of the growing value of your home, that’s why we have introduced the secured loan to help you unlock the capital in your home.

A homeowner loan is secured against the value of your home (therefore is also known as a secured loan), which allows you to take advantage of your greatest asset and enjoy the fruits of your hard labour. An ASDA Homeowner Loan is repayable at a competitive APR - customers who are successful in taking out a loan could pay a Typical APR of 9.9% variable or less.

Thanks to the booming house prices over the last few years, most homeowners have seen often substantial increases in their house price. A secured loan gives you access to the money tied up in your property, allowing you to tap into capital that is normally only available if you sell your home or get involved in a complicated equity release scheme.

Unsecured personal loans can have a higher rate of interest and may be over a shorter period but with one of our secured homeowner loans you can repay over a longer period at a reduced rate - you can take up to 300 months to repay the loan if you choose.

As with any type of loan you may want to take out insurance to cover you against the unpredictable. ASDA have a wide range of insurance products to cover any eventuality you may come across.

When taking out a loan with ASDA, you will be assigned a Customer Account Manager who can discuss any aspect of your loan with you, e.g. which insurance type is best for you. Your Customer Account Manager is then available to help you every step of the way!