Home Improvement Loans
Home improvement loans are those that allow you to renovate and update your home. Like other secured loans, home improvement loans are secured against an asset such as your home, meaning you can normally borrow more than through a personal, unsecured loan.
What can you use home improvement loans for?
Any renovations or updates you have been planning. Have you been meaning to update your kitchen since you moved in? With a home improvement loan you can! Other ideas include:
- New bathroom
- Loft conversion
Many people don’t have the money they need to finish all the improvements in one go when they buy a new house. A home improvement loan allows you to borrow money secured against your home and make make those improvements.
How much can you borrow?
This depends on your circumstances, but typically we see home improvement loans of anything from £5,000 to £200,000. The amount will depend on your ability to make the monthly repayments and the percentage of your home you own compared to its value (LTV).
Finding the right home improvement loan
This is where we can help. We will compare 100s of home improvement loans to provide you with a list that meets your requirements. We don’t charge anything up front and your credit rating won’t be affected, all we do is make it easier for you to find the right home improvement loan.