Homeowner borrowing for your next project
Secured Home Improvement Loans
Planning an extension, a new kitchen or a bathroom renovation? A secured home improvement loan lets eligible homeowners borrow against their property to fund the work. Start your enquiry below to explore a loan for your project.
- Simple online application
- No credit search carried out by Money Trumpet
- No fee for using our service
Finance the improvements you have in mind
Secured loans for home improvements can help fund larger renovations, such as extending your living space, replacing a kitchen or updating a bathroom. Tell us what you want to do and how much you need, rather than choosing a loan amount simply because it is available.
Get written quotes for materials and labour before applying. Include any professional fees and a sensible allowance for unexpected costs. Improvements do not necessarily increase your home’s value by the amount you spend.
How does a secured home improvement loan work?
The loan is secured against your home. If you already have a mortgage, a second-charge loan is separate from it: you continue making your existing mortgage payments alongside the new loan repayments.
Your available equity, income, existing commitments and credit history affect the amount and terms a lender may offer. Equity is your property’s value minus the borrowing already secured against it. Owning a home alone does not guarantee approval. Read more about how secured loans work.
What should you compare before deciding?
Look at the interest rate, fees, monthly repayments and total amount repayable. Compare the annual percentage rate of charge (APRC) and check for early repayment charges. A longer loan term may reduce the monthly payment but increase the overall cost.
Consider alternatives too, including savings, an unsecured loan or additional borrowing from your mortgage lender. Securing borrowing against your property creates a risk to your home. MoneyHelper explains second-charge mortgages and the alternatives.
Start your home improvement loan enquiry
Use the form below to select your improvement purpose and enter the amount you want to borrow. Have your contact details, address and income information ready. Your approximate property value and outstanding mortgage balance can help our partners understand your circumstances.
You can review your answers before sending them. Our partners will assess your enquiry and may contact you for more information. Applying does not commit you to accepting a loan; check any personalised terms carefully before deciding.
Apply for a secured home improvement loan
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