There are many reasons for making improvements to your home: whether you want to increase your space or to upgrade your windows. Home renovations are not the cheapest thing to do, however, the advantages of doing them are worth it. They can increase the value to your home, the comfort, and improve the aesthetic: for growing families extending your space, can be much cheaper than moving. Due to the endless reasons for improving, we have outlined 3 ways you can fund your project.
Popular ways to pay for your home improvements
1. Flexible finance options
With our finance plans, you can spread the cost of your purchase over as many as 120 months. We offer flexible monthly payments and a buy now pay later 6 or 12 month deferred payment plan.
Providing the monthly payment is made every month, overpayments can be made at any time to reduce the cost of interest and reduce the term. You will benefit from the extra protection provided under the Consumer Credit Act 1974.
2. Remortgaging/releasing equity
Mortgage providers often allow for properties to be revalued to work out the amount of equity in the property that can be released to be used towards home improvements. 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. Home improvement loan
Allowing you to borrow a set amount, a home improvement loan can fund your renovation or other home improvement projects. Home improvement loans normally are unsecured personal loans, however secure loans for home improvements are available: this type of loan typically lets you borrow a larger amount. A home improvement loan will provide the cash you need upfront, whilst giving you the flexibility of paying the loan back over a certain amount of time.
We will keep you up to date
Register your interest by contacting us to discuss finance options and our products. If you’d like to speak in person and want to see the products up close, our Basford showroom is accessible for scheduled appointments, operating in line with government guidelines. You can also get in touch for a no-obligation quote that is valid for 6 months.