Rates
Rates and security deposits
Available now
Fixed-fee loans
20%
- 20% one-off fee — not a monthly or annual rate.
- Principal plus fee due at maturity.
- Separate refundable security deposit — indicatively 25% for eligible starter loans; final requirements set by assessment.
- Final terms subject to assessment and agreement.
Indicative security deposit
25%
Indicative security deposit: 25%. Final security requirements depend on assessment, loan size, term and repayment capacity.
- Refundable and separate from the 20% one-off loan fee, which is paid at maturity.
- Reviewers may propose a different deposit, such as 20% for stronger or repeat borrowers. Any changed terms need your acceptance.
- Large loans require a bespoke assessment; 25% is not automatically quoted.
Illustrative only: the starter-loan limit has not yet been set, so this 25% figure is an illustration, not a quote.
The refundable deposit is not a fee or profit, and it does not fully protect the lender. Approval requires a credible repayment plan.
Future productsProposed products that are not currently available.
Proposed — not currently available
Proposed collateral-backed annual rates
A possible future alternative product. These rates are not added to the fixed 20% fee.
25% 15.70% annual interest
50% 20.90% annual interest
75% 31.30% annual interest
LTV percentages are unrelated to the security-deposit percentage above. The flat fee is not an APR. Any required APR disclosure is calculated separately from an actual agreement.