Skip to main content

Debt Consolidation Loan for Home Renovations

Debt Consolidation Loan for Home Renovations

Whether you have recently bought a property, you plan to renovate or finally have permission to complete renovations you have been planning for a long time, you’ll naturally want to start the project as soon as possible. However, if you currently have multiple existing debts, you may want to apply for a homeowner debt consolidation loan before you begin making any renovations, here’s why…

1. Renovations may send you further into debt

While you may think you have perfectly planned and balanced the cost of your renovation project, unexpected costs will almost certainly occur. This may cause you to fall further in debt and struggle to make payments to construction workers and material suppliers.

2. Tracking multiple payments is confusing

Paying for labour, materials and equipment, as well as keeping up with all of your existing debt repayments can be confusing, and it will be easy for you to miss a payment. For this reason, applying for a debt consolidation loan before starting renovation work will help you simplify your existing debt repayments, and streamline your finances for when you start renovations.

3. Start saving

The sooner you pay off your debts, the sooner you can start saving. A debt consolidation loan can help you pay off your existing debts quickly and efficiently, helping you to start saving sooner. Once you begin saving, you may be able to afford an ever greater renovation project.

How to apply for a debt consolidation loan

If you are hoping to complete renovation work on your property, but first want to clear your debts, applying for a debt consolidation loan is easy. You must first decide if you want a joint debt consolidation loan with your partner, a secured debt consolidation loan or a credit card consolidation loan, you finances will then be merged into a monthly payment plan.

Contact Debt Consolidation Loans

If you’d like to learn more about debt consolidation loans or how merging your finances could benefit you, do not hesitate to contact Debt Consolidation Loans. We are an expert UK based finance brokerage company and have the knowledge and experience to help you become debt-free and as quickly and efficiently as possible.

If you think a Debt Consolidation Loan is right for you, get in touch or call on 0333 577 5626 to improve your financial situation with one easy monthly repayment.

We offer Debt Consolidation Loans for homeowners.

Our team is on hand to help with number of questions you may have.

If you are struggling with debt, please visit Money Advice Service for help and advice.

We are a broker, not a lender.

Visitors also read:

Brexit: Lords quiz Gove on deal or no deal contingency plansPolitics
December 17, 2020

Brexit: Lords quiz Gove on deal or no deal contingency plans

Brexit: Lords quiz Gove on deal or no deal contingency plans This afternoon, the House of Lords EU Committee will hear from Michael Gove on contingency plans for the end…
Arrears on Secured Loans or Second Mortgages; What Happens Next? | Debt Consolidation LoansDebt
September 18, 2019

Arrears on Secured Loans or Second Mortgages; What Happens Next?

Arrears on Secured Loans A secured loan is when a debt is connected to an asset. The loans are most commonly to linked to the borrower's property, and so you…
Mature financial agent showing new investment to young couple. Happy financial advisor discussing with a couple their mortgage loan. Happy couple consulting their bank agent about savings plan.Debt Consolidation
September 3, 2020

Why should you apply for a debt consolidation loan online

Why should you apply for a debt consolidation loan online Debt consolidation loans are a great way of helping you to get out of a difficult financial situation. If you're…
My In-Game Buying Secret – Debt Due to Mobile Gaming Apps | Debt Consolidation LoansDebtGuides
February 25, 2021

My In-Game Buying Secret – Debt Due to Mobile Gaming Apps

Debt Due to Mobile Gaming Apps When you think of getting into debt, a lot of people automatically go to overspending on lavish holidays, furnishings and cars. However, debt can…
Banking Revolution With Apps | Debt Consolidation LoansGuides
September 23, 2015

Banking Revolution With Apps

Banking revolution with Apps Imagine a bank which you can’t visit or speak to on the phone or access via your usual internet browser. Such is Atom - a new…
What to Do if You're Furloughed and in Debt  | Debt Consolidation LoansDebt Consolidation
June 15, 2020

What to Do if You’re Furloughed and in Debt 

furloughed and in debt Furloughed and in debt COVID-19 has had long-lasting, negative effects on the UK economy and many businesses have either had to fire or furlough their employees.…

Leave a Reply

thirteen − nine =