Home Improvement Loans

For tax advice please contact HMRC or a qualified accountant.

There are usually two types of home improvement loans, secured and unsecured.

Shawbrook offers unsecured personal loans for home improvement purposes. For more information on additional borrowing on your existing mortgage you should contact your mortgage provider.

With a Shawbrook home improvement loan, you could borrow a portion of the amount to finance the home improvement product you would like to purchase.

You could potentially take out more than one home improvement loan if you can afford to make the repayments. Each application would be assessed based on your personal circumstances at the time you apply.

At Shawbrook we look at every customer individually, but we do have some basic criteria which you’ll have to satisfy before we can consider your application. You must:

• Be aged 21 to 75
• Have been a UK resident for at least three years
• Have an annual income of at least £15,000
• Have a personal bank account in the UK

No, it doesn’t cost you anything to apply for a home improvement loan.

You can apply for a Shawbrook home improvement loan on our website www.shawbrook.co.uk/direct/personal-loans/home-improvement-loans/

For enquiries regarding home improvement loans for existing customers, please use the following details:

The time your home improvement loan will last is dependent upon the term you have chosen. At Shawbrook, loan terms available are from 1 to 7 years.

We offer loans from £1,000 to £50,000. The loan amount you can borrow will depend on your personal circumstances.

We offer loans from £1,000 to £50,000. The loan amount you can borrow will depend on your personal circumstances.

In most cases you could get a decision immediately after you have applied. However in some cases we may need further information from you.

If your loan application is successful, funds will be transferred into your account within 3 working days after we have received your signed loan documents.

At Shawbrook, we have security protocols in place to ensure your information is safe and secure when applying online.

Yes, if you are not an existing Shawbrook customer you can apply for a home improvement loan, but we do have some basic criteria you’ll have to satisfy before we can consider your application. You must:

• Be aged 25 to 75
• Have been a UK resident for at least three years
• Have an annual income of at least £15,000
• Have a personal bank account in the UK

We do not offer loans to individuals that require a co-signer.

Shawbrook offers unsecured personal loans for home improvement purposes, an unsecured personal loan for this purpose is not classed as a second mortgage. For more information on additional borrowing on your existing mortgage you should contact your mortgage provider.

A Shawbrook home improvement loan is an unsecured personal loan which can be used to finance home improvements.

A Shawbrook home improvement interest rate will vary depending on our assessment of your financial situation and chosen borrowing amount. We can quote you a guaranteed personal rate with no impact on your credit score.

You have the right to cancel/withdraw from your loan agreement within 14 days from the day after the date we inform you in writing that we have executed (signed) the agreement.  If you choose to cancel or withdraw you must pay the full funds back within 30 days.

You can repay all or part of the outstanding balance of your loan at any time. Please note that an early redemption fee may be charged. If you can't repay your car loan, please contact us using the following details:

If you get declined for a home improvement loan, there could be a number of reasons why you have been declined as each decision is based on your personal circumstances and by reference to a credit reference agency. The most common reasons for a decline decision are:

• Information from Credit reference agencies
• Your credit score
• Our internal policy rules

To apply for a Shawbrook home improvement loan you will need to supply the following information:

Home improvement loans can be used to finance a range of home improvements. It could be used to finance all or part of the home improvement.

With a Shawbrook loan everything’s done online, and there’s no paperwork through the post.

For enquiries regarding home improvement loans for existing customers, please use the following details:

At Shawbrook, we offer unsecured personal loans for home improvement purposes of £1,000 - £50,000 which are not secured against your home.