Covering the Cost of Improving Your Home
by Guest Post on Apr 10, 2013
Redecorating or extending your home can make it a better place to live, as well as improve its value. However, any work requires financing. The following are some ways in which you can find money to make changes at home.
Finance Offers
Many different high street retailers in the DIY sector have established in-house finance deals that are designed to give customers some breathing room when they decide to start a big project.
Finance can be sought for a range of products and services, from the construction of conservatories UK companies deliver through to the renovation of kitchens, bathrooms, and bedrooms.
Finance packages will vary depending on the retailer you choose and it is always important to consider issues such as the length of the financial commitment that is required, as well as the interest rate. Some of the companies selling conservatories UK homeowners can buy will have a minimum spend and there may be requirements for deposits and other commitments to consider.
Overdraft Exploitation
A recent study from Nationwide found that 78 percent of British consumers spend under £1000 on a typical home improvement session, which means that the cheapest way to finance it may well be to dip into your overdraft.
Some bank accounts will come with interest-free overdraft offers that are available to new customers. Whilst terms and conditions will invariably apply, this may be a low-cost way of securing at least some of the finance you require.
Credit Cards
The use of credit cards is not generally advised for major purchases unless you anticipate re-paying to borrowing in the short term; interest charges may otherwise be punitive. However, when it comes to the less expensive elements of home decor, cards can be a perfectly viable solution.
Many credit card deals include zero interest on new purchases, which, as with the overdraft facility, can work in your favor if you are planning on spending a relatively small amount on improving your home.
An added advantage of paying via credit card is that you benefit from several protections on your purchase that might not otherwise be in place when paying in cash or choosing a finance deal. For example, if the items you order fail to arrive or the company from which you purchased them goes under in the interim, you can claim back your expenses as long as they are over £100, all courtesy of the Consumer Credit Act.
As with any purchase, it makes sense to read the small print and compare all of your options before you commit. It is also vital to ensure that you know what you want out of a home improvement project, since planning and prioritizing will help you to avoid disappointment further down the line.
So whether you are splashing out on one of the conservatories UK companies have to offer or just sprucing up the spare room with a few tins of emulsion, you should be able to find an affordable way to fund your home improvement endeavors.
AUTHOR BIO
Angela Jones is a writer who has routinely covered topics including home improvement and finance for magazines and websites extensively over the years.
Popular Articles
Three Places to Spend Money on the Exterior of Your Home
When you have the exterior of your home remodeled, you are investing, time, energy and convenience into the project and you want to make sure that...
95796 Views
Homemade Headboards-Make an Upholstered or Wooden Headboard
Homemade headboards can add a lot of personality to any bedroom. They can be coordinated with existing furniture and room decor or they can be the...
74456 Views
When to Use a Brush, Roller or Sponge Brush
Brushes are a good choice for painting trim and woodwork. They are also useful for cutting in the edges around the top and bottom edges and corners...
71821 Views
Creating a Cottage Kitchen with Bead Board
Kitchen decor can range from modern and bold to elegant and elaborate by using strategic kitchen pieces. One of the most popular decorating trends...
52899 Views
Gas Fireplace Diagnostics and Troubleshooting
Follow these steps for diagnosing and troubleshooting Gas Fireplaces repairs. For the average DIYer, this may seem intimidating, depending on the...
30639 Views
Latest Articles
How Much Does It Cost To Take A Bath?
Plumbers know that a bath may seem like a relaxing luxury, but the real cost extends far beyond your water bill. The average soak uses 35 to 50...
on Apr 8, 2025
10 Concrete Patio Ideas on a Budget
A concrete patio can be a game-changer for your outdoor space. It is durable, versatile, and can be customized to fit your style. But what if you...
on Mar 25, 2025
Tips for Creating a Stunning Personalized Photo on Canvas
Order the unique beauty of a personalized photo on canvas and bring your memories to life. With a customized photo on canvas, you can transform...
on Mar 7, 2025
Best Areas to Buy Property in Singapore for Long-Term Growth
Singapore's real estate market remains one of the most stable and lucrative in the world. With limited land supply, strong governmental...
on Feb 18, 2025
Troubleshooting Excess Water in Your HVAC Secondary Condensate Drain Pan
When maintaining your air conditioning system, it is easy to overlook the condensate drain pan - until excess water starts pooling in places where...
on Jan 12, 2025
Featured Articles
What Type of Licensed Contractor Should You Hire?
on Feb 28, 2017
Hire Contractors / Estimates

Looking for a specialty project? There are many types of contractors available for your home improvement needs. Finding the right type of...
Sponsored Articles
Best Areas to Buy Property in Singapore for Long-Term Growth
on Feb 18, 2025
Real Estate / Finance

Singapore's real estate market remains one of the most stable and lucrative in the world. With limited land supply, strong governmental...
Actions
Top Categories
- Garden / Landscaping / Patio — 264
- Kitchen / Bathrooms — 240
- Real Estate / Finance — 203
- Appliance / Repair — 186
- Interior Design / Decor — 184
- HVAC / Air Conditioning — 148
- Cleaning / Maintenance — 144
- Improvements / Remodeling — 131
- Plumbing / Basements — 118
- Floors / Tile / Hardwood — 116
- Doors / Garages — 113
- Safety / Security — 113
Articles Archive
More DIY Articles
Does Your Kitchen Sink Make Your Heart Sink?
If the kitchen is the heart of the home, the kitchen sink is a big focus. We spend lots of time there washing dishes, scrubbing vegetables, rinsing...
Which Mattress is Right for You?
When people purchase a mattress, they do not really think about what is right for them, rather, people simply just purchase the most commonly...
How to Find Reliable Front Load Washers
Those who have shopped for a new washing machine would readily admit there are great differences between front load washers and conventional top...
Indiana Local Builders Associations
Find a local builder or council, please contact the home builders' association (HBA) in your area.
Add a Deck to Your Commercial Location to Increase its Value
Are you the owner of a restaurant, nightclub, or other commercial location? If so, you may well be looking for a quick and easy way to make a rapid...