Getting funding for your renovation in advance can help work out how much you have to spend so you can stick to your budget. It may also allow you to complete the renovation more quickly, as you won’t have to halt progress until you can afford to continue. There are a number of ways you can fund your renovation, depending on the size of the project and your budget.
You can use equity in your home to do a top-up or a re-draw but there are a number of things to consider before doing this. For more information, call us on: 131 546.
WHAT IS A RENOVATION LOAN?
A renovation loan is a loan advanced to cover the cost of home improvements.
WHY DO I WANT A RENOVATION LOAN?
A renovation loan is an excellent way to lessen the immediate financial impact of expensive home improvements. A renovation loan allows you to get the work done when and how you need it, without having to cut corners.
WHO WOULD BENEFIT FROM A RENOVATION LOAN?
A renovation loan suits anyone who wants to get their home renovations done sooner rather than later, and wants a way to pay off the renovations over time.