A home improvement loan can help fund a range of projects, including extensions, new kitchens, bathroom renovations, loft conversions, landscaping and general refurbishment. It allows you to make the improvements sooner without needing to save the entire cost in advance.

Most home improvement finance options are available to homeowners, although eligibility criteria will vary between lenders. When assessing an application, lenders will typically consider factors such as property ownership, income, affordability and credit history.

You may still be eligible for finance if you have experienced credit difficulties in the past. We work with specialist lenders who may consider your wider financial circumstances rather than relying solely on your credit score. Your current financial position and ability to afford the repayments will also form an important part of the assessment.

The amount you may be able to borrow will depend on your income, affordability, credit history and the type of finance required. Some lenders offer smaller loans for minor improvements, while others may consider larger amounts for more extensive renovation projects.

Certain home improvements may enhance your property’s appeal and potentially increase its market value, although this is not guaranteed. Extensions, modern kitchens, renovated bathrooms and energy-efficient upgrades can be attractive to prospective buyers and may make your home more desirable.