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Personal Loan for Home Improvement

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  • Borrow £1,000 to £8,000
  • Repay over 12 to 60 months
  • Check eligibility with no impact on your credit score
Check my eligibility now This won't affect your credit score

Representative example: Amount of credit £2,000 for 24 months. Interest rate: 41.2% pa (fixed). 24 scheduled monthly payments of £123.64. Total amount payable: £2,967.43. Representative 49.9% APR.

How a personal loan for home improvement could help

If you are looking for a personal loan for home improvement, you may want a straightforward way to cover the cost of work without remortgaging or delaying essential repairs. A personal loan can be a practical option when you need to spread the cost of improvements across fixed monthly repayments.

Home improvement borrowing is often used for work that makes a property safer, more comfortable, or more efficient to run. That could include replacing an ageing boiler, fixing roofing issues, updating electrics, repairing damp damage, or improving key rooms such as the kitchen or bathroom.

With 118 118 Money, if accepted, you can borrow £1,000 to £8,000 and repay over 12 to 60 months. You can start with an eligibility check to see whether you are likely to be accepted before you apply, and it will not affect your credit score.

Check whether a personal loan could be right for you
Use the eligibility checker to see whether you are likely to be accepted before you apply.
Check my eligibility This won't affect your credit score
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Why people choose a personal loan for home improvement

People use home improvement loans for different reasons, but most are looking for a clear borrowing option that helps them manage the cost of practical work over time.

Spread The Cost. A personal loan can help you cover the cost of essential home improvements now and repay in fixed monthly amounts over time.

Useful For Planned Work. Home improvement borrowing is often used for projects such as boiler replacement, rewiring, windows, roofing, damp repairs, kitchens, bathrooms, and other practical upgrades.

No Security Required. 118 118 Money personal loans are unsecured, so you do not need to use your home as security to apply.

Fixed Monthly Repayments. Knowing your agreed monthly repayment in advance can make it easier to budget for a home project alongside your regular bills.

Check Eligibility First. You can see whether you are likely to be accepted before you apply, with no impact on your credit score.

Borrow Within The Available Range. If accepted, you can borrow from £1,000 to £8,000 and repay over 12 to 60 months, depending on your individual circumstances.

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3 Simple Steps to Check Your Eligibility

  • Check your eligibility with no impact to your credit score
  • Review your offer, set up your Direct Debit and sign
  • Receive funds in 15 minutes*
Check my eligibility This won't affect your credit score. *This can vary from 15 minutes to 2 hours depending on your bank.
118 118 money helpers illustration

What to consider before applying

Focus on affordability first. Before borrowing, look carefully at your income, bills, and regular commitments to make sure the monthly repayments fit your budget comfortably.

Separate essential work from nice-to-have upgrades. If the project includes urgent repairs as well as cosmetic changes, decide what you really need to do now and what could wait.

Get quotes before you borrow. A few written estimates can help you borrow closer to the amount you actually need instead of guessing and taking on more credit than necessary.

Think about total repayable cost. The monthly payment matters, but so does the total amount you repay across the full term. A longer term can reduce the monthly amount while increasing the total cost overall.

Remember borrowing is not guaranteed to add value. Some home improvements may improve comfort more than resale value, so it is worth planning the project around your needs as well as the budget.

If you are still weighing up your options, you can explore more practical guidance in our Money Guidance section before deciding what to do next.

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Personal Loan for Home Improvement FAQs

A personal loan can be used for home improvement costs such as repairs, upgrades, or replacement work, if that type of borrowing is suitable for your circumstances.

If accepted, you can borrow from £1,000 to £8,000 and repay over 12 to 60 months, depending on your individual circumstances.

No. 118 118 Money says its eligibility check lets you see whether you are likely to be accepted before you apply, without affecting your credit score.

No. 118 118 Money personal loans are unsecured, which means you do not need to use your property as security.

Check whether the repayments are affordable, compare quotes for the work, and think about the total amount repayable over the full loan term before you apply.

Once approved and fully set up, funds could be received quickly. 118 118 Money says timing can vary from 15 minutes to 2 hours depending on your bank.

Ready to see whether a personal loan could help with home improvements?

Start with an eligibility check and find out whether a 118 118 Money loan could be right for your home improvement plans before you apply.

Check my eligibility
118 118 money helpers illustration
118 118 money helpers illustration

Credit is subject to status, affordability and credit checks. Credit is only available to UK residents aged 18 and over. Terms and conditions apply. Missed or late repayments on a 118 118 personal loan incur a £12 charge.