It’s the perfect time to think about how you can enhance your living space and add value to your home. Whether you’re planning to create your dream kitchen, add an extra bedroom, or finally tackle that garden makeover, home improvements can transform your house into a space you truly love.
But how do you finance these projects without stretching your budget?
At Clever Mortgages, we’re here to help you explore your options, from remortgaging to further advances and secured loans. Here’s everything you need to know to kickstart your home improvement journey in 2025!
Why Home Improvements Make Sense for 2025
With the property market constantly evolving, investing in home improvements is a smart way to add value to your property while enhancing your quality of life. Here are some key reasons why now is the ideal time to take on those long-awaited projects:
- Add Value to Your Home: Even small upgrades can increase your property’s value, making it a worthwhile investment for the future.
- Create Your Dream Space: Tailor your home to better suit your family’s needs, whether that means a new office space, a larger kitchen, or a stylish outdoor area.
- Energy Efficiency: Many home improvements, like installing solar panels or upgrading insulation, can reduce energy costs and increase your home’s efficiency.
Financing Your Home Improvements with Clever Mortgages
When it comes to funding your home improvements, there are several financial solutions to consider. At Clever Mortgages, we’ll guide you through your options and help you choose the right one for your circumstances.
- Remortgaging
Remortgaging can be a great way to release equity from your home to fund your renovation plans. By switching your mortgage to a new deal, you may be able to borrow more money to cover the costs of your home improvements.
Benefits of Remortgaging:
- Potentially lower your monthly payments with a better rate
- Access additional funds for your project
- Simplify your finances by consolidating debt
Is Remortgaging Right for You? Remortgaging is ideal if you’re coming to the end of your current deal or if your property has increased in value, giving you more equity to release. Our experienced team at Clever Mortgages can help you find the best deal available and ensure the process is seamless.
- Further Advances
A further advance involves borrowing more money from your existing lender, using your property as security. This option is particularly useful if you’ve already built up equity in your home but want to keep your current mortgage deal.
Benefits of Further Advances:
- Keep your existing mortgage rate
- Access additional funds without needing to switch lenders
- Flexible repayment terms
Our team will work closely with you to ensure that a further advance aligns with your financial goals and circumstances.
- Secured Loans (Second Charge Mortgages)
If you’re tied into a fixed-rate mortgage deal and don’t want to remortgage, a secured loan could be the perfect solution. Also known as a second charge mortgage, this loan is secured against your property, allowing you to borrow additional funds without disturbing your current mortgage arrangement.
Benefits of Secured Loans:
- Keep your current mortgage rate
- Access funds quickly and easily
- Ideal for those with early repayment charges on their existing mortgage
At Clever Mortgages, we’ll help you determine if a secured loan is the right fit for your home improvement needs and guide you through the application process.
Home Improvement Ideas to Inspire You
Not sure where to start with your home improvements? Here are some popular projects that can add value and transform your home:
- Kitchen Renovation
The kitchen is often the heart of the home. Upgrading your kitchen with modern appliances, new cabinets, and a stylish layout can dramatically improve your living space.
- Loft Conversion
If you’re in need of more space, a loft conversion can add an extra bedroom or office without extending your home’s footprint.
- Garden Makeover
Transform your outdoor space into a relaxing retreat with a garden makeover. Consider adding decking, a patio area, or even a garden room for year-round use.
- Energy-Efficient Upgrades
Investing in energy-efficient improvements like solar panels, insulation, or smart heating systems can save you money on bills and increase your home’s value.
How Clever Mortgages Can Help You Get Started
At Clever Mortgages, we’re committed to making your home improvement journey as smooth and stress-free as possible. Here’s how we can support you:
- Personalised Advice: Our experienced advisors will take the time to understand your needs and recommend the best financing options for your project.
- Quick and Efficient Service: We’ll handle all the paperwork and liaise with lenders on your behalf, ensuring a smooth process from start to finish.
- Ongoing Support: We’re here for you every step of the way, from the initial consultation to securing the funds you need.
Ready to Kickstart 2025 with Your Home Improvement Project?
Let 2025 be the year you turn your house into your dream home. Whether you’re looking to remortgage, take out a further advance, or explore secured loans, Clever Mortgages is here to help you achieve your goals.
Contact us today to speak to one of our friendly advisors and start your home improvement journey with confidence. Let’s make 2025 your best year yet!
