Renovation Loan

Unless you`re a builder by trade you`ve probably spent a good deal of your time working out how to renovate your home without breaking the bank. It often seems that no matter which way you look at it (or what you`re prepared to compromise on),there just isn`t a simple or inexpensive way of doing it properly. That`s where My Sort of Loan can help with a low cost renovation loan tailored to suit your project. Please call our UK home renovation loan team on free phone 0800 0159 295 or dial 0330 0536001 (mobile friendly),we`ll listen to what you have in mind and find the right solution to get your home renovation loan underway. Alternatively you can make a no commitment enquiry via our short online enquiry form (don`t worry no credit search will be carried out with this form) and get the facts and figures via a free quotation.


Home Renovation Loans UK

So you`ve decided that this isn`t getting put off any longer, you`re going to take out a renovation loan and put your stamp on your home, one of the most annoying things that you may come across in turning that into a reality is having to explain what you want to somebody on the wrong side of the Atlantic Ocean who has no idea where you live or what our housing is like. My Sort of Loan has a dedicated UK loan centre where you can talk to a person who is UK based, understands what you want to achieve and just how important your home is to you and your family.

  • Renovation Loans up to £150,000 - My Sort of Loan can arrange a renovation loan from just £3000 to £150,000. So whatever you want to do we could be the key to arranging the funding you need at a price you can afford.

  • Repay you Renovation Loan over any term from 3 to 30 years - My Sort of Loan can arrange a renovation loan over a term that`s ideal for you - call us on free phone 0800 0159 295 to find out how we can make this work for you.

  • Renovation Loans for any Project - Whether you want to refit your soffits or build your dream extension, My Sort of loan could arrange the right funding for you. Call our qualified UK based Loan advisors and find out what we can do to get your renovations underway.


Renovation Loan Amounts & Terms - How Much & How Long?

The great news is that homeowner renovation loans are very flexible in terms of the repayment periods offered and the amount that can be borrowed. Lending for home enhancement is popular for consumers and lenders alike as both parties have a vested interest in helping the property increase in value. So just how long should you take a renovation loan over and how much should you borrow? Well conventional wisdom suggests that you should only borrow what you need and pay it back as quickly as you can afford - which is a sound starting point for most people.

However let`s be clear about this, not everyone has the same plan in mind and circumstances differ. For instance you may be renovating a property to sell on as quickly as possible in which case you may want to take the loan over a long term to keep your monthly out lay down until you can settle the loan with the sale proceeds. On the other hand you might be renovating your house to live in for a long time in which case you may get bored after a couple of years and want to change everything again so maybe choose not take the loan over a long term. The point is no matter what you want to achieve My Sort of Loan will listen to what you want to do and discuss the best way of going about arranging the loan to match your needs - starting with a free no obligation quotation to put you in the driving seat.


Refurbishment Loan Options

So what makes a loan a renovation loan? Does it mean a loan for new doors and windows? An extension? A new roof after a hard winter? The simple fact of the matter is that a renovation loan can be any loan that you take out for renovation / home improvement purposes so yes you can landscape your gardens, rebuild your boundary walls, convert your loft or even just give the place a fresh decorative makeover. Frankly it doesn`t matter what you want to do as the money is paid to you to disburse as and when you need to - please do make sure you have the necessary planning permissions where needed if you`re looking at a new extension or similar for your own protection. Before you know it that cinema room or your very own bar and grill at the bottom of the garden could be yours with a little help from My Sort of Loan, just call us on our mobile friendly number 0330 053 6001 and let us know what you want to do.


Can I Use A Secured Loan To Renovate My House?

Secured loans are often used by homeowners and mortgage payers to carry our renovations. A secured loan does not impact on your existing mortgage and many clients choose to break out the `home improvement` aspect of their borrowing as a separate loan agreement. Not only can you use a secured loan to renovate your home but depending upon the size of the project you want to undertake it can be the only way to raise enough money to fund it properly. Secured loans start at £3,000 and can go up to £150,000 or more. Also because of the way the loan is structured payment period can be spread from just 36 to 300 months to keep your repayments affordable.

Lenders often restrict the amount of money that they will fund on an unsecured basis and on top of that rates can be high if you have been unfortunate enough to incur some bad credit or have a low credit score. That`s not to say that an unsecured loan is not the most appropriate solution or that a secured loan is always the way to go. If you`re considering which way to go you can always speak to one of our qualified UK based specialist loan advisors and run your ideas by us, we`ll always aim to give you the right advice to get your home renovation plans heading in the right direction.