Compare Homeowner Guarantor Loans
- Guarantor loans can allow borrowers with poor credit ratings to get a loan
- If your guarantor is a UK homeowner it may mean a larger sum can be borrowed at lower interest rates
- Compare loans available to homeowner guarantors using the table below
As a result of Coronavirus (Covid-19) some loan providers have put lending restrictions in place or temporarily withdrawn their products from comparison sites and/or the wider market, therefore you may see fewer providers than normal.
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Buddy Guarantor Loan
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Representative APR
49.9% APR
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Available Amounts
£1,000 to £10,000
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Min / Max Terms
1 to 5 years
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Guarantor Type
Homeowner or Tenant
Guarantor Criteria
- Must be aged 18-75
- Must be a UK resident
- Must not be on an active bankruptcy, IVA or equivalent
- Guarantor does not need to own a home
Borrower Criteria
- Must be aged 18-75
- Must be a UK resident
- Must have a good credit history
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Representative APR
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Guarantor My Loan
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Representative APR
29% APR
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Available Amounts
£1,000 to £10,000
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Min / Max Terms
1 to 5 years
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Guarantor Type
Homeowner
Guarantor Criteria
- Must be aged 25-71
- Must be a UK resident
- Must have good credit
- Must be a homeowner
Borrower Criteria
- Must be aged 25-71
- Must be a UK resident
- Must have reasonable credit
- Must be a homeowner
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Representative APR
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TrustTwo Guarantor Loan
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Representative APR
37.9% APR
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Available Amounts
£1,000 to £15,000
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Min / Max Terms
1 to 5 years
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Guarantor Type
Homeowner
Guarantor Criteria
- Homeowners only
- Must be aged 25 - 74
- Must have a good credit history
- Spouses or partners will not be accepted
Borrower Criteria
- Must be aged 21 or over
- Must be employed and have a minimum income of £1,000 pcm (not furloughed)
- Must not be declared bankrupt or in IVA or debt management plan
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Representative APR
Our comparison service features a selection of providers from whom we receive commission. This table is initially ordered according to our commercial arrangements. You can use the options above the table to order it according to various criteria.

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Homeowner Guarantor Loans FAQ
What is a homeowner guarantor loan?
With a homeowner guarantor loan, you could borrow money by applying to a lender with a guarantor who owns property. If you are finding it hard to secure a loan because of your credit history, applying for a loan by nominating a guarantor who will be responsible for paying your loan, in the event that you cannot, may improve your chances of getting the loan you want. Ultimately, some lenders may require you, or your guarantor, to be a homeowner in order to meet their requirements for lending.
How much can you borrow on a homeowner guarantor loan?
Homeowner guarantor loans are still a form of unsecured borrowing, and so they typically range from a minimum of £1,000 to an average upper limit of £10,000. However, these ranges can vary between lenders.
How long does a homeowner guarantor loan last for?
Lenders typically offer homeowner guarantor loans for terms from as little as one year to a maximum of about five years. This can vary between lenders so make sure you check their terms when searching for your loan.
Is a homeowner guarantor loan similar to a regular unsecured loan?
Homeowner guarantor loans and unsecured loans share similar characteristics, which include agreed monthly payments with interest. The two types of loan differ if there is failure to repay. In this situation, the guarantor will become responsible for making the repayments on the loan.
What is the guarantor’s role in a homeowner guarantor loan?
The guarantor offers reassurance that the homeowner guarantor loan will be repaid. If you find yourself unable to meet the payments as agreed with your lender, the guarantor is called upon to provide payment instead.
Does a homeowner guarantor loan require collateral?
Despite certain loans of this kind only being available to borrowers who have a guarantor who owns their own home, they remain a form of unsecured loan. This means collateral is not required, in the event of failure to repay.
How does credit history affect applying for a homeowner guarantor loan?
Credit history helps lenders determine risk when providing loans. Lenders require certainty that the borrower or their guarantor will ultimately be able to repay the loan. Only apply for a homeowner guarantor loan if you know you can afford one. Also, make sure your guarantor knows the full responsibilities they will take on if you are unable to repay the loan.
Will poor credit make it harder to get a homeowner guarantor loan?
Poor credit will mean higher risk to your lender, so they may be less willing to provide you with a homeowner guarantor loan. Equally, if your chosen guarantor has poor credit, the lender will be less likely to grant you the loan you want, as they are the individual who will be responsible for repaying the loan if you can’t.
Can my spouse be my guarantor for my homeowner guarantor loan?
You may be able nominate your spouse to be your guarantor, but you will need to demonstrate that they have separate financial arrangements in place. This can mean they must have a separate bank account to provide payment, if they are required to.