Nemo will lend to people just like you

At Nemo, we don’t overcomplicate things. We like to keep things simple and get straight to the point. That’s why we’d like to explain who we’ll lend to, and you should find that we will lend to people just like you. Here are some examples, however this list is not exhaustive.

You’ll need to be a homeowner

As long as you’re an employed or self employed homeowner, with a mortgage, you can take out a secured loan with Nemo. The minimum age for employed applicants is 21. We’ll also lend to you if you’re self employed, but you’ll need to be 25. The maximum age you can be at the expiry date of your loan is 75.

If you’re married or a joint property owner, you’ll need to become joint borrowers

As loans are secured on your home, if you are married or a joint owner of the property, you must become joint borrowers. Employed homeowners will also need a minimum income of £17,500 for a joint application and £15,000 for a single application.

Your property will need to be worth at least £60,000

The minimum value of any property that a Nemo loan can be secured on is £60,000. Your repayments will be taken by direct debit from your bank account.

Nemo is a responsible lender and there are a few things we won’t help with

One thing to remember though, Nemo is a responsible lender and will only make loans available to people who can afford them. As well as the things that we can help with, there are also a few things that we can’t help with. Nemo won’t be able to help with the purchase of second homes for investment; nor can we help with matrimonial settlement or for business purposes. This list is not exhaustive, so if you have any questions, contact us.