The JN Bank Personal Loan - at a glance
Often, the hardest thing about home improvements isn't where to start - it's the waiting to get started.
You could use a JN Bank Personal Loan to tackle big or small renovation projects.
Having your finance in place before you start means you’ll know exactly what you have to work with and that makes budgeting much easier.
Ready to start testing paint swatches? Consider a JN Bank Personal Loan to get your home improvement dreams rolling.
Pre-application eligibility check – no record on your credit history
Borrow from £1,000 to £15,000, over 1 to 5 years
Fixed APR with rates from 7.9%APRⱡⱡ - 24.9% APRⱡⱡ
Representative APR 11.9% (see example below)
Quick decision – money paid within 2 working days after approval
Make lump sum repayments, with no penalties
No set up fees or early repayment charges
Online account management and paperless statements
Representative 11.9% APR | Loan amount £9,500 | Interest rate 11.9% (fixed) p.a | Term 60 months | Monthly repayments £207.11
| Total amount repayable £12,426.60
We’re not property experts, so please seek your own specialist advice, but here are 5 of our tips for getting the most out of your home improvement budget.
If you’ve ever watched a home improvement TV show, then you know that it can be quite easy to exceed a budget when you’re renovating a home. Accidents happen, the scope of improvements get bigger or things just end up costing much more than anticipated. If you’ve decided to renovate your house into a home, then you may want to consider these tips to help you get the most out of your budget and avoid any nasty surprises.
Failure to plan can mean planning to fail, so break out the lists and start designing your home improvement.
The unexpected can happen…. workers may not show up, the weather may interrupt, or problems may be uncovered once the work starts. Avoid regret and ensure you overestimate your expenses and allow for contingency in your budget. Revisit your budget and expenses often and continuously make adjustments to keep on track and don’t forget to allocate funds for incidentals, such as paint brushes, cleaning supplies and buckets.
You may be able to save some money in labour costs if you’re willing to get your hands a little dirty. Clearing out old rubbish, sanding back surfaces, patching up plaster and ripping up carpet are just a few examples of pre-work that can be done before your professional trades arrive.
It can be tempting to try and complete work yourself, especially if it seems simple, but playing around with electrics and plumbing could end up costing you thousands if done incorrectly. Uncertified works may also get you into trouble with your local council or home insurer, so protect yourself and your home by enlisting the expertise of a professional to complete specialist tasks.
It’s also a good idea to engage your tradespeople early in your planning process to ensure your ideas and designs are feasible and within your budget.
There are lots of savings to be made with a little bit of creative thinking and quite often, a small change can make a huge impact. Perhaps you can attend a DIY workshop or search online for DIY tutorials that you can try out at home.
Some ideas could be:
Repaint existing kitchen cupboards, replace cupboard and wardrobe handles, paint tiles instead of replacing them, repaint the walls.
Sales can be a great way to get new fixtures, fittings and furniture. Make a comprehensive list of all the things you will need during your revamp and keep an eye out for clearance sales and end of season discounts.
Online marketplaces, second-hand stores and public auctions can also be great places to track down a bargain.