Find Home Improvement Loans for Homeowners | Loansmart Finance

Home Improvement Loans

Get the finance to turn your house into a home. Add life to your home by re-configuring a space, adding an en-suite, upgrading your kitchen or adding an extra room for a growing family. Whatever you do, whatever your credit history is, we’ll help find the perfect home improvement loan for your needs.

Just wanted to say a big thank you from the two of us for all your help recently – you were always very helpful and customer friendly throughout the process and extremely professional keeping us up to date with how everything was progressing Mr and Mrs S

Why choose us?

We make sure you get the loan you deserve. Using our panel of lenders, we’ll compare the best deals to find a home improvement loan that’s the perfect fit for you.
No upfront fees
Rates available from 3.74% per annum variable
All credit histories and circumstances considered
Free no-obligation quotes that won’t affect your credit report

Jargon Buster

APR

The Annual Percentage Rate charged for the loan. This must be displayed by lenders and allows you to compare one mortgage with another.

Fixed rate loan

The interest rate you pay on the loan. It will be fixed for the period specified by the lender and protect you from any interest rate increases the lender may make in the future during that period.

ERCs

Early Repayment Charges. These are penalty fees you may have to pay if you want to leave your loan early when you are tied into a fixed period.

Arrangement fee

This is paid to the lender to set up the loan. Not all lenders charge an arrangement fee. If they do, they will usually allow you to add this fee to the loan.

Request a callback today

If you are a first-time buyer or do not currently have a mortgage please call us directly on 0800 802 1003

When Should We Call?

By submitting your enquiry you agree to our privacy policy and that you are happy to be contacted via telephone, email or SMS to help you with your enquiry.

Loan to Value (LTV)

Loan to Value (LTV) is value of your loan against the value of the property. If you buy a £100,000 house and want to borrow £80,000 to top up a £20,000 deposit, then you’ll be asking the lender to borrow 80% of the property value. This makes your LTV 80%.

Second charge loan

A second charge loan (also known as a secured loan) can be a good option if you’d like to borrow money while leaving your current mortgage in place. The new loan is secured on your property and is available for many different purposes. This allows you to avoid the cost associated with a re-mortgage

Fixed rate mortgage

The interest rate you pay on the loan. It will be fixed for the period specified by the lender and protect you from any interest rate increases the lender may make in the future during that period. However, it also prevents you from benefitting if the lender reduces the interest rate in the future until your fixed deal ends. To exit the fixed deal early, you may need to pay an ERC.

Bank of England Base Rate

This is the UK’s official rate of interest. An increase in Bank of England Base Rate makes borrowing more expensive and saving more rewarding. A decrease in Bank Rate makes borrowing cheaper and saving less rewarding.

Fast, simple and easy – that’s Loansmart.

We’re a broker, not a high street bank. That means we can compare the best deals to find the perfect home improvement loan for you – no fuss. As a Loansmart customer, you’ll get your own dedicated advisor providing you expert advice from start to finish.

More choice. We search for the most affordable home improvement loans from our lender panel;

No upfront fees. We’ll give you a free no-obligation quote that won’t show up on your credit report;

Flexible terms. If you’ve been rejected by a high street lender, whether you’re retired or self-employed – even if you have poor credit history or CCJs – we may still be able to find a solution that works for you.

© 2019 Copyright Niche Financial, All rights reserved
Registered in England No. OC349588

Niche Financial Solutions LLP
1st Floor | 3 Newbridge Square | Swindon | SN1 1HN

 t: +44 (0)800 802 1003 | t: +44 (0)1793 250 787| e: [email protected]

Loansmart is a trading name of Niche Financial Solutions LLP.
Niche Financial Solutions LLP is authorised and regulated by the Financial Conduct Authority, (FCA) 708467. We will search our panel of lenders to find the right loan for you. The overall cost for comparison is 10.69% APRC.

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. (IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY).

Rates are available from 3.9% APR, variable up to 34.9% APR allowing us to assist clients with more severe credit problems. Depending on your circumstances we will charge a broker fee of up to 1% of the advance for a first charge mortgage, and up to 10% of the advance for a second charge mortgage with a minimum fee of £1,495. Currently our average fees are £1,424 for a first charge mortgage (0.8%) and £2,852 for a second charge mortgage (5.8%). We also charge an advice fee of £497. All fees will be fully disclosed at application stage and fully disclosed on your contracts. We may also receive a commission from the lender on completion and this will also be fully disclosed. (Rates and fees correct as of August 2019). Niche Financial Solutions LLP, Registered in England and Wales. Company Registration Number OC349588. Registered office: 1st Floor, 3 Newbridge Square, Swindon, SN1 1HN

Home Improvement Loans

Get the finance to turn your house into a home. Add life to your home by re-configuring a space, adding an en-suite, upgrading your kitchen or adding an extra room for a growing family. Whatever you do, whatever your credit history is, we’ll help find the perfect home improvement loan for your needs.

Just wanted to say a big thank you from the two of us for all your help recently – you were always very helpful and customer friendly throughout the process and extremely professional keeping us up to date with how everything was progressing

Mr and Mrs S

Jargon Buster

APR

The Annual Percentage Rate charged for the loan. This must be displayed by lenders and allows you to compare one mortgage with another.

ERCs

Early Repayment Charges. These are penalty fees you may have to pay if you want to leave your loan early when you are tied into a fixed period.

Fixed rate loan

The interest rate you pay on the loan. It will be fixed for the period specified by the lender and protect you from any interest rate increases the lender may make in the future during that period.

Arrangement fee

This is paid to the lender to set up the loan. Not all lenders charge an arrangement fee. If they do, they will usually allow you to add this fee to the loan.

Loan to Value (LTV)

Loan to Value (LTV) is value of your loan against the value of the property. If you buy a £100,000 house and want to borrow £80,000 to top up a £20,000 deposit, then you’ll be asking the lender to borrow 80% of the property value. This makes your LTV 80%.

Second charge loan

A second charge loan (also known as a secured loan) can be a good option if you’d like to borrow money while leaving your current mortgage in place. The new loan is secured on your property and is available for many different purposes. This allows you to avoid the cost associated with a re-mortgage

Fixed rate mortgage

The interest rate you pay on the loan. It will be fixed for the period specified by the lender and protect you from any interest rate increases the lender may make in the future during that period. However, it also prevents you from benefitting if the lender reduces the interest rate in the future until your fixed deal ends. To exit the fixed deal early, you may need to pay an ERC.

Interest only mortgage

A mortgage where you only pay the interest on the loan. At the end of the loan period, you would be required to pay off the loan capital. If you agree to an interest-only loan it is important to ensure you have something in place that will allow you to pay the loan back at the end of the interest only term.

Bank of England Base Rate

This is the UK’s official rate of interest. An increase in Bank of England Base Rate makes borrowing more expensive and saving more rewarding. A decrease in Bank Rate makes borrowing cheaper and saving less rewarding.

Fast, simple and easy – that’s Loansmart.

We’re a broker, not a high street bank. That means we can compare the best deals to find the perfect home improvement loan for you – no fuss. As a Loansmart customer, you’ll get your own dedicated advisor providing you expert advice from start to finish.

More choice. We search for the most affordable home improvement loans from our lender panel;

No upfront fees. We’ll give you a free no-obligation quote that won’t show up on your credit report;

Flexible terms. If you’ve been rejected by a high street lender, whether you’re retired or self-employed – even if you have poor credit history or CCJs – we may still be able to find a solution that works for you.

Request a callback

If you are a first-time buyer or do not currently have a mortgage please call us directly on 0800 802 1003

When Should We Call?

By submitting your enquiry you agree to our privacy policy and that you are happy to be contacted via telephone, email or SMS to help you with your enquiry.

Privacy & Cookie Policies | FAQ | Terms of Business | Complaints Procedure

© 2018 Copyright Niche Financial, All rights reserved

Registered in England No. OC349588

Important Information: 

Loansmart is a trading name of Niche Financial Solutions LLP.
Niche Financial Solutions LLP is authorised and regulated by the Financial Conduct Authority (FCA No. 708467).

THINK CAREFULLY BEFORE SECURING OTHER DEBTS AGAINST YOUR HOME. YOUR HOME MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON YOUR MORTGAGE OR ANY OTHER DEBT SECURED ON IT. IF YOU ARE THINKING OF CONSOLIDATING EXISTING BORROWING YOU SHOULD BE AWARE THAT YOU MAY BE EXTENDING THE TERMS OF THE DEBT AND INCREASING THE TOTAL AMOUNT YOU REPAY. THE ACTUAL RATE AVAILABLE WILL DEPEND ON YOUR CIRCUMSTANCES.

Depending on your circumstances we will charge a broker fee of up to 1% of the advance for a first charge mortgage and up to 10% of the advance for a second charge mortgage. Currently our average fees are £1495 for a first charge mortgage (0.8%) and £2994 for a second charge mortgage (5.5%). We also charge an administration fee of £497. We may also receive a commission from the lender on completion and this will also be fully disclosed.
Secured Loan rates are available from 3.74% APR variable. We also have rates up to 34.9% APR allowing us to assist clients with more severe credit problems. We will search our panel of lenders to find the right loan for you.
For secured loans the overall cost for comparison is 10.69% APRC. For Mortgages the overall cost for comparison is 4.6% APRC.
(rates and fees correct as of September 2018)

Niche Financial Solutions LLP, Registered in England and Wales. Company Registration Number OC349588. Registered office: Marlborough House, 26 High Street, Swindon, SN1 3EP.

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