Renovate Your Home with a Home Improvement Loan

Apply for a home improvement loan with All Purpose Loans and borrow up to £50,000 repaid over 1 to 25 years. Whether you are looking for finance to renovate your kitchens, bathrooms, interiors and extensions, we can help you compare competitive rates and terms across a range of secured and unsecured products.

Complete our application form in less than 2 minutes and receive an instant decision on the screen with a list of viable options. We do not run a credit check without your consent and when we do, it is just a soft credit search so will not impact your credit rating. You can then choose to proceed with the loan provider of your choice.

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No credit check without your consent


Why apply for home improvement loans?

  • Borrow over term of 25 years
  • Can continue to live in your house
  • Do not need to own the property outright
  • Secured, unsecured and bad credit options available
  • Can increase the value of your home by 20% or more

Home improvement loans to increase value

Home improvement loans can be an effective way to increase the value of your property, with loft conversions typically adding 20% to the house value, a new kitchen or conservatory adding 5% to 15% to your property and other amenities such as central heating also adding up to 5%.

You do not need to own the property to be eligible for a home improvement loan, in which case you could be a tenant and your application is unsecured and based on your credit status and affordability. If you would like to use your home as security, you can apply for a secured home improvement loan which allows you to leverage the value of your property to get the finance you need. Using your property or vehicle as collateral can also be a suitable option for those with bad credit, CCJs and poor credit.

Other reasons for home renovation loans can be to increase the living space in your home, possibly because you have more children or would like to add a gym, home cinema, office or additional bedroom. Make sure that you do your research beforehand to understand the renovation costs. Some refurbishments such as changing existing rooms or adding a conservatory of less than 10 feet will not require planning permission, but adding extra floors and external rooms may need required permissions.

What information do I need to apply?

Depending on whether you apply for a secured or unsecured home improvement loan, you will initially be required to provide your name, age, address, income and monthly expenditure.

A soft credit check will be carried out to test your eligibility. If you have a good credit score, you may be eligible for an unsecured loan product and if you want to borrow more money or have a bad credit history, you may opt for a secured loan product.

When securing finance against your home, you may need to provide further information including recent utility bills, proof of ownership and other documentation.

How is All Purpose Loans different?

All Purpose Loans works has spent years finding the best partners across the financial sector, working with a number of firms that are regulated by the FCA. When applying through All Purpose Loans, there are no upfront fees and we give our customers a list of loan options which have been sourced in real-time – allowing you to access the best rates and terms available.

Putting the control in the customer’s hands, you can decide which product you would like to proceed with, taking into account the amount you wish to borrow and how long for. Any quotes provided are no obligation and you can contact us directly if you have any further questions.