SECURED LOANS - HOME IMPROVEMENTS
Like many homeowners in the UK, you may have decided that it is more cost effective to improve your current home than to move to a larger property. This is particularly the case when you consider that the purchase of most family homes will attract stamp duty, plus many other costs associated with moving home.
A secured loan will provide you with the money you need to improve or extend your current home. Homeowner loans are available from £5,000 to £100,000 and can be used for any home improvements from a conservatory to an extension.
You may be able to borrow as much as 125% of the value of your home, when you consider the value that the improvements will add to your home; this could end up a lot less. Consider this:
| Current value: | £150,000 |
|---|---|
| Current mortgage: | £135,000 |
| Secured loan for improvements: | £30,000 |
| Total borrowing: | £135,000 + £30,000 = £165,000 (110% LTV) |
| Value after improvements: | £175,000 |
| Final LTV: | 94% LTV |
If you are employed or self-employed Finance Now have schemes available for you. Even if you have a bad credit history, with CCJ's, missed mortgage payments or even a historic bankruptcy, we can help.
Our secured loans are paid out fast, giving you the freedom to get on with your home improvements with the minimum of delay. Don't forget, you can borrow between £5,000 and £250,000 for any purpose, up to 125% of the value of your home.
Take a look at our case studies to see how we have helped other clients in similar situations.
Finance Now offer secured loans from a range of lenders, these include:
Nemo
Picture Finance
First Plus
GE Money
Paragon
Future
I Group
SPPL
Money Partners
Prestige
Swift
Blemain
So, for a fast homeowner loan for home improvements don’t delay, apply now!
