Home Improvement Loan
Find a loan to improve your home
The drop in UK property prices
means the market is still very quiet, leading many homeowners to consider
staying put and improving or extending their house, rather than move
to a new home. Also, with the incidental expenses of moving, such as:
stamp duty, estate agents, solicitor and removal fees, you can see why
an extension or conservatory can be an attractive option.
Money spent on improving your home can be a worthwhile investment as
well as improving your surroundings, but you need to consider carefully
about what 'improvements' you choose. Are you planning to stay in your
current property and improving purely for your own benefit, or are you
looking to add value with a view to selling in a year or two?
Selling your House
If you are likely to be selling your property in a year or so then
you'll find that some improvements, such as double glazing and central
heating are more or less regarded as essential these days. So, generally,
adding these will increase the value of your home, which should be reasonably
easy to recoup when you move, in the asking price. Less certain improvements
to increase the price of your house are ultra fitted kitchens, extra
bathrooms and extensions - all of which should be carefully considered
before going ahead.
You might enjoy cordon bleu cooking sessions and need all the top kitchen
facilities, but your potential house purchaser might only be interested
in reheating takeaways and not consider the extra expense of your designer
kitchen as a huge advantage to the property!
A reasonably priced modern kitchen and bathroom will enhance your home,
and having a garage or conservatory can be an advantage.
Generally, you should not expect to recoup the cost of any improvements
which would increase the house price more than about
15-20% above the average for a similar property in your area.
Staying Put
If you're not planning to move in the near future then you don't need
to worry so much about recovering the costs of home-improvements, and
as long as you stay away from unpopular 'improvements', such as stone-cladding
and swimming pools, then the sky's the limit - literally, in the case
of a loft extension!
A loft extension can add significant value to your home, but only if
it's done properly. Unlike the loft extensions of the sixties and seventies
- which can look like someone's put a garage on the roof - modern extensions
are designed to blend in with the existing structure of the property
and can enhance the appearance and size of your home, as well as its
value. A garage also adds value to a home, but only if it does not steal
too much of the garden. Likewise, with a conservatory, it can provide
valuable extra living space, but remember to keep it in proportion with
both the house and the garden.
Best Value Improvements
The most cost effective way of adding value to your house is the cheapest,
which is to keep it in good decorative order. If you ever decide to
sell then clean, neutral decoration is one of the most powerful selling
points. Make sure the exterior brickwork, roof tiles, pathways and windows
and doors (don't forget the garage door) are well maintained. First
impressions matter when you are selling your property.
A well-cared for garden sends the signal that you care about your surroundings
and are likely to take care of your property.
Finance for Home Improvements
Whatever your home improvement ambitions are we can help you find the
finance that you need to make your house the home of your dreams, or
of your potential buyer! Try us to find everything from a credit card
to buy the new wallpaper to a secured loan to finance your new extension.
Choose the right improvements and you can add thousands to your home's
value and improve your living space.
What are the Best and Worse Home Improvements
 The
UK Loan site aims to get the borrower the best deal possible. When you
fill in our enquiry form, we'll submit it to the UK's leading lenders.
You don't have to phone around or sign up with the first company to
offer you a loan. No matter what your history, you can still stay in
the driving seat when choosing credit.
You can use your loan for almost any purpose - A new conservatory,
double glazing, an extension or loft conversion or a holiday
and debt consolidation.
Find your Home Improvement Loan within minutes -
enquire now
Credit Card Deals of the Month
Finance smaller home improvements and repairs with a low
APR credit card.
Loansite is a Limited
company based in Cardiff, UK.
|
