You may have lots of ideas for how you’d like to make your home more modern, warmer and generally make you happier when you look at it. Home improvement projects aren’t cheap, but they are investments into not only adding more value to your home, but making your space a happier one. Whether it’s a new modern conservatory or replacing your windows you want or need, we hope this article can give you some ideas into your funding options.
1. Use our finance options
Our finance options allow flexibility and can help you whether you are looking for new windows or just an entrance door. It really can make improving your home very affordable, for example, you could have a full house of windows & doors starting from only £49 per month! If you have some savings, put down a bigger deposit or if you’d like to keep the monthly costs down, you could choose for the loan to last 180 months. It’s a great way to improve & enjoy your home now.
2. You could release equity
Homeowners who have lots of equity in their properties may be able to consider releasing some of this to fund home improvements. This isn’t uncommon and at the point of remortgaging you can discuss your options for how much you could release. It’s never a bad idea to improve your home now to increase the profit you make on it if you choose to sell.
3. Apply for a home improvement loan
A home improvement loan will allow you to borrow a set amount to finance renovations or other home improvements on your property. Typically, home improvements loans are a form of an unsecure personal loan, however you can also get secure loans against your home: which usually allows you to borrow a larger amount. A report by TSB stated that 40% of homeowners would rather extend their home than move. If you are one of them, a home improvement loan will give you the money you need upfront, whilst having the flexibility of paying the loan back over an agreed period of time.
We hope that the options above have helped you with your home improvement research & ideas. If you want to discuss finance options, our products or talk about your ideas, get in touch via our contact form.