Home Improvement Loans

UK Credit offers all homeowner guarantor loans as a way of funding home improvements and repairs. Our guarantor loans are unsecured meaning neither the applicant nor their guarantor’s homes are at risk if they come into financial difficulties.

Whether it’s a new home or an older one that needs a little improvement, we appreciate that sometimes additions and repairs are necessary (especially as family conditions change). In these instances, a loan might be necessary to fund the work. Depending on personal circumstances, there might a range of loan options available to those considering borrowing.

UK Credit offers all homeowner guarantor loans of between £5,000 and £20,000 to borrowers where they and their guarantor are both homeowners. Our decision is based on more than a credit score, with the most important factor being that the loan repayments are affordable to the borrower and their guarantor individually. Rates range from 19.9% APR* dependent on the amount borrowed and payment terms of between 36 and 84 months are available.

Home improvements and repairs can be costly which might mean a larger loan is needed. The repayment term will determine monthly repayments, and we will check that they are manageable for the borrower and their guarantor before agreeing on a loan.

The calculator on this page will demonstrate the monthly repayments and total amount payable for different loan amounts over different loan terms.

*What does APR mean?

APR stands for annual percentage rate, and it shows how much borrowing money will cost over the course of a year. It includes the interest and any additional fees if there are any. The amount is shown as a percentage of the loan amount. Comparing the APRs of different credit providers is a useful way of comparing similar loans. The lower the APR, the lower the cost of borrowing, assuming the loan terms are the same. Our all homeowner guarantor loans are offered with an APR of between 19.9% and 29.9% based on the amount borrowed.