How do I finance my Velux loft conversion?
There are many ways to pay for your Velux loft conversion project for your Brighton home. They include:
- You can re mortgage your home. To do this, you must have equity in your home for the amount you need to borrow, including a deposit.
- If you have savings, you can leverage those to pay some of the cost of a home renovation. Savings is the cheapest way to pay for a loft conversion as you are not charged bank interest. You could also look into a credit card reward or cashback deal to pay off the balance if your savings are not enough to cover the full cost of the dormer loft conversion.
- You can take out a personal loan if you have a good credit history. It is cheaper than re mortgaging but you have to consider if you can afford the monthly payments on top any financial commitments you have.
- You can pay for your project in instalments. We can sit with you and map out a payment structure starting from the first stage of the project and finishing before the final stages.