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Your loan details

You want to borrow: £1.500
Over a period of: 18 months
Repaying: £113.07 p/m
Total repayable: £2,023.75
Interest rate: 41.16% (fixed)
Representative: 49.9% APR
  • We're a Direct Lender
  • No up front Broker Fees
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Borrow up to £7,500 with the UK's friendliest Home Improvement Guarantor loans website

Representative Example
Credit £3,250 for 36 months | Interest (fixed at 41.16%): £2,464.57. | Total amount payable of £5,714.67.
Representative 49.9% APR. | 36 repayments of: £158.57.

Simple & Headache Free
Home Improvement Loans With Buddy Loans

Paint Brush

Is your home
in need of

  • Would you like to make
    improvements to your home?
  • Do you have bad credit and are worried about getting a loan to make improvements and repairs to your home?

One of the largest expenses we will ever have in our lives is when we get on the property ladder and buy a house.

It not only is the largest expense we will have, but also the most demanding; demanding in that as a homeowner we are now responsible for any repairs, upkeep, maintenance and improvements.

One other aspect of being a homeowner and living in a property for many years is that over time things wear out.

In the years we may live in the same house, the boiler may need replacing, the fridge will get old and not chill as well as it once had, the washing machine may leak, and in general, aspects of the property may need to be modernised and kept up with the times.

This can be especially true if you are looking to sell the property later on down the road.

Benefits of a Buddy
Home Improvement Loan

  • You can borrow up to £7,500 and pay it back over 60 months (5 years)
  • The loan is not secured against the property
  • Competitive interest rates
  • Bad credit not a problem
  • No need for a valuation on the property
Home Improvement

A Fixer-Upper

Handy Man

Not all properties we may find as our next abode are going to be in 100% perfect move-in shape. We are individuals and as such we like things our own way, and this includes and is especially true for our homes.

You may find a property that is in the perfect location, just the area you want to live in, but the house itself needs some work.

You may also find a house that is just what you are looking for in every way, but it is too small, but there is room to build onto the house, and it can grow with you.

These changes and improvements all require money to have them done.

The house may be habitable and fine for now, but you can see where there is room for improvements.

Just moving house can be expensive. You may need new flooring or carpets, you want to decorate and paint before you move in. You want a shower put into the bathroom prior to moving in. These costs can add up, and you haven't even spent a night there yet.

Properties Age & Need To Be Maintained

As you live in a property, over the years things will break, wear out, and in general just need replacing. As there is no more Mr. Landlord to phone any more to have these repairs and updates made, we as homeowners are now responsible for them. And responsible for the costs of them as well.

So how do we pay for the necessary repairs and updates to our homes as time goes on?

There are many ways to cover these many homeowner expenses:

Home Repair


If we have been living within our set budgets and have set-up a pattern of savings, we may just be able to take money from savings for the repairs and improvements we need over the years. Hopefully the cost of these improvements do not exceed our savings.

Personal Loans

A homeowner can go to a bank or lender and request a personal loan to make the home improvements they need. Personal loans are for any reason, and due to this fact can be a high risk to a bank.

The lender may charge higher interest rates, and the borrower may need good credit in order to qualify for the loan.

Home Improvement Budget

Home Improvement Loans

These are loans that are specifically for making improvements to a property.

They can take on many forms, one as a personal loan, which is not secured by the property, and also as a secured loan. The loan is secured against the property; similar to a second mortgage.

While for some these secured loans may be an option, they are also adding to the debt load on the property, while hopefully adding some value in the form of the improvement.

As to if this balances out, or the improvement increases the property's value more than the loan, it can depend on the improvement, the property, the market, and other factors.


When you think about it, there are only two ways to pay for the improvements and repairs, either your saved money, or to borrow from someone else. It may be the improvements or repairs are costly, such as the expense for a new roof, or to add a conservatory.

Financing home improvements and repairs can be looked at as an investment in the property. Your house/property is appreciating in value, meaning it is going up in value, and your mortgage balance is going down; you are gaining equity.

Your house is an investment, that hopefully earns you money as it grows. So improving it, and making necessary updates, is an investment into the property itself, and can increase its value.

So financing these improvements is a strong option if we do not have the savings to pay for them outright.

There are many forms of financing available to a homeowner looking to make repairs and improvement to their property.

Some forms of financing may require a valuation on the property. Not only does this valuation add a cost or fee to getting the loan, if the property is not valued high enough, the loan may be denied.

Repair and Contractor Loans

These are loans or financing for a specific repair or improvement that may be done by a contractor, and they have helped you in securing the financing. It may be replacing windows, adding a conservatory, or a loft conversion.

The contractor makes the improvements and is working with a finance company who is paying them their costs and fee. You then pay back the finance company.

This form of financing can be secured by the property, or unsecured.

However, not everyone is going to have good credit and qualify for some of these forms of financing.

Improve Your Home and Increase Its Value
With a Buddy Home Improvement Loan

Credit Score

If you have poor credit and need to do repairs or improvements to your home, a Buddy Home Improvement Loan may be the answer.

A Buddy Home Improvement Loan does not require someone to have good credit, or a good credit score, they just need a good buddy who will guarantee the loan.

The loan can be for repairs, maintenance, and even modernisation of a property.

The loan is not secured against the property, so there is no threat of repossession, as in the case of a second mortgage or secured loan.

You just need a good buddy to help you be approved for a Buddy Home Improvement Loan.

Same Day Approval!


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Get Approved & Begin Improving Your Home Today


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Representative Example


36 months

£158.57 p/m

Total Repayable

Interest Rate
41.16% (fixed)

Representative 49.9% APR.

Terms and Conditions apply. Suitable Guarantor required. All loans are subject to status and affordability checks prior to approval. All applicants must be 18 or over.

Frequently Asked Questions

Most asked Home Improvement Loans related questions


What improvement can I use my Buddy Home Improvement Loan for?


You can use your Buddy Home Improvement Loan for any repair or improvement to your home that you wish. The choice is yours.


Is my Buddy Improvement Loan secured by my property?


No, Buddy Loans are not secured by your property. Our loans are based on affordability and the fact you have a guarantor.


I have bad credit from the past, but need to repair my house, can I still get a Buddy Loan?


Yes, Buddy Loans grants loans based on two factors:

  • Affordability: Can you afford to repay the loan
  • A guarantor: You have a good buddy who guarantees the loan.


Who can be my guarantor?


A family member, a good friend, anyone who knows you and knows you will repay the loan.


Will the improvements I do to my home increase its value?


That is a difficult question to answer as there are many reasons a property may increase in value. Yes, improvements to a property can increase its value, so can market conditions, and other properties in the area.


If I miss a payment or cannot pay my Buddy Improvement Loan will my house be repossessed?


No, a Buddy Home Improvement Loan is not secured against the property, the loan is an unsecured instalment loan. If you miss a payment your house will NOT be repossessed. We will simply contact your guarantor to seek payment.


Do you need to do a valuation on my property to approve my loan?


No, as a Buddy Home Improvement Loan is not secured against the property, there is no valuation of the property. You just need a good buddy and you've got a loan.


How quick can I be approved for a home improvement loan?


Once we have yours and your guarantor's details, approvals can be the same day, and the money in your bank within 24 hours.

Buddy Home Improvements Loans


Easy online




Money in your
account the next day

Minimum period for repayment: 12 months | Maximum period for repayment: 60 months | Minimum APR 49.8% | Maximum APR 49.9%
Representative example: Amount of credit £3,250 for 36 months. Interest (fixed at 41.16%): £2,464.57. Total amount payable of £5,714.67. Representative 49.9% APR (Variable). 36 repayments of: £158.57.