Home improvement loans

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Homeowner loans to decorate & refurbish

Calculator and guide

Want to improve your home, but can’t quite afford it? A home improvement loan might just be the ideal option for you.

Home improvement loan calculator

We know home improvements can be expensive, so a loan could give you the cash boost you need to make them a reality.

Quickly find out what you could borrow with our home improvement loan calculator.

Based on the value of your property and the amount outstanding on your mortgage, the maximum you could borrow is £.

Here’s what you can get




Loan Amount


Loan Term

Change the Loan Term:
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Homeowner loans to decorate & refurbish
Homeowner loans to decorate & refurbish
Homeowner loans to decorate & refurbish
  • Work out how much equity you have in your home

    Equity is how much of your home you own outright. This can be worked out by finding out the property’s total value minus the amount that’s outstanding on your mortgage and any other loans you may have against your property.

    Most lenders require you to have at least 20% equity in your home before you’re approved for a home improvement loan. This means you must own at least 20% of your home outright.

  • Check your credit history and credit score

    Even if your credit history or credit score isn’t the best, you can still qualify for a secured homeowner loan. However, if you have an excellent credit score, you’ll likely qualify for a loan at a better interest rate.

  • Gather financial information

    Lenders must ensure that you can comfortably repay your loan without causing you any financial difficulties, so they will likely carry out an affordability test. This involves analysing your income (recent payslips) as well as your outgoings (recent bank statements).

  • Ask for estimates from different contractors

    It’s a good idea to know exactly how much the work you’re proposing is going to cost you, so you should ask a few contractors for an estimate. Shop around to get an average price and remember to include a contingency amount for larger jobs. Work like loft conversions may well cost more if you run into any unexpected difficulties.

We suggest that you don’t borrow money unless you’re certain you can keep up with the loan repayments.


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