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Benefits of a Home Improvement Loan
by John Mussi
from directonlineloans.co.uk

Home improvement loans are ideal if you need more space but cannot afford to move house. Lofts can be converted and extensions built. As the number of mortgage applications declines Home Improvement Loans are an increasingly popular option for home owners and growing families.

They are great if you want to raise a large amount; are having problems getting an unsecured loan; or have a bad credit history – you may be able to get a loan even when you have been turned down for an unsecured loan.

Moving property is expensive – solicitors, estate agents, stamp duty, new soft furnishings – the list seems to go on and on. And most of this is money down the drain. Why move home when you can get a loan and save money? It could be the easiest and cheapest way to make improvements to your home.

It enables you to borrow from £5,000 to £75,000 with low monthly repayments. The loan can be repaid over any term between 5 and 25 years, depending on your available income and the amount of equity in the property that is to provide the security for the loan.

With competitive rates and a quick decision a home improvement loan could well be just what you need to enable you to finance your dream improvements.

Some of the many benefits are:

An easy and manageable route to generating extra cash. With a remortgage you have the same expenses you do when taking on a mortgage, surveys, valuation, mortgage indemnity and solicitors fees to pay.

You can use the cash for any purpose - for example, debt consolidation, home improvements, buying a car or going on holiday.

Using a home improvement loan for debt consolidation means that with one single payment each month, you have more control over your monthly budget.

Borrow from £5,000 to £75,000

Repayment period can be anything from 5 - 25 years

Protected payment plans can provide extra peace of mind

You can add value to your property

Save on all moving costs

Get the home of your dreams without moving house

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