Best way to fund home improvements

Would you like to improve your home? Is your property in need of some TLC? Perhaps you’d like a new entrance door? Or maybe your windows aren’t as efficient as they used to be? Perhaps you’re in need of more space and you’d like to extend your home with a stylish conservatory or orangery? Whatever your home improvement requirements, it’s important to plan carefully. Home improvements can be expensive. There are, however, several ways to fund your home improvements without breaking the bank.

Use your savings

georgian style conservatory image

If you’ve got a decent amount of savings, now could be the perfect time to use them. Low savings rates mean that savers are not benefitting from their funds. Investing your money in your home is an excellent idea and will bring a variety of benefits you may not have considered. When you decide to use your savings to improve your home instead of on holidays, a new car, or to fund your retirement you are making a shrewd investment.

Investing your savings in your home can greatly increase its market value. This is excellent news whether you’re investing for the long-term or you want to sell your home. Home improvements will also greatly improve your standard of living. A warmer, safer home will provide a better standard of living while you’ll also make potential savings on reduced energy bills.

Choose a finance deal to suit your situation

Finance packages are designed to help homeowners to afford any home improvement projects. At High-Tech, we offer our customers the choice of three finance packages. All our finance agreements are subject to application and status and full terms and conditions apply. Have a browse of our dedicated finance page to see if we’ve got a deal to suit your requirements.

  • Low rate monthly payment – Pay nothing for the first three months then a series of affordable payments over a pre-agreed fixed term.
  • Interest free credit – Pay just 20% of the price up front then spread the rest of the cost over a two year period.
  • Buy now pay later – Pay nothing for 12 months while benefitting from your newly improved home then pay affordable monthly payments over an agreed fixed term.

Unlock your home’s true value

Gable conservatory

If you’re planning a full-scale home extension it may be worth speaking to your mortgage lender to see if you can release some equity from your home. Increasing your mortgage should not be a decision which is taken lightly. It’s imperative that you can afford any increases to your monthly payments and that you are fully aware of any extensions to your mortgage period.

If you’re comfortable with re-mortgaging your home to pay for your home improvements, it’s a great way to enjoy a better standard of living without impacting your savings.

At High-Tech, we install a wide variety of high performance glazing products. If you’d like advice on any of our products or services or you’d like to find out if we’ve got a finance deal to suit your needs, contact us today. Give us a call on 01452 857 057 or send us a message online.

Categories: Uncategorized