Looking to make some changes to your home? We can search our panel of lenders to help find you the best home improvement loan to cover the cost - even if you have a poor credit rating.
Find homeowner and personal loans with Ocean.
Need a loan for home improvements?
Renovating your home could add value to it, and it could work out cheaper than moving house. If you’re planning on improving or even extending your home, an Ocean Home Improvement Loan could help.
There are lots of ways you could fund your renovations, but if you haven’t had chance to save up, a home improvement loan could help. We have access to competitive rates from a panel of lenders. We offer two different types of loan – homeowner and personal.
As the name suggests, you must own your home to be eligible for a homeowner loan. These loans range from £10,000 to £500,000 over 3 to 30 years. You can get a quote to find home improvement loans that you’re likely to be accepted for, before you apply - without affecting your credit score.
Personal loans are different because you don’t have to be a homeowner to apply. These range from £1,000 to £15,000 and can be repaid over 1 to 5 years.
Homeowner loans are secured against your property. We are a broker and we arrange secured loans from a panel of lenders. We receive commission upon completion. Any quote is inclusive of the Broker Fee and all associated costs which is calculated as 12% of the net loan amount, capped at a maximum of £4,495. Loans are subject to status, and the rate you are offered may change based on your individual circumstances. 12.4% APRC Representative.
Personal loans are unsecured. Ocean Finance is a trading style of Intelligent Lending Limited. We are a credit broker working with a panel of lenders to find you a personal loan. We receive commission upon completion. A Broker Fee is not payable. 61.94% APR Representative (fixed).
A home improvement loan could help with:
- Building an extension
Adding an extension or conservatory won’t just give you extra living space, it could also add value to your home. - Upgrading your kitchen
A new kitchen, complete with new appliances, cupboards and furniture can help you bring your home up to date. If you’re looking to spend less, you could just update the worktops, floor or cabinet doors to add a more modern touch. - Loft conversion
Make the most of your home by converting your loft into another room. Adding another bedroom could add to the value of your home too. - Redecorate
This is one of the easiest ways to revamp your home. New wallpaper and new furniture can transform your living space, without breaking the bank. - Garden makeover
In the summer (if the weather permits it!), there’s no better place to spend a day than in the garden. Adding decking or a new seating area could help you make the most of your outdoor space.
Other types of loans
How could we help you?
Ocean has provided access to loans, credit cards and mortgages to people across the UK since 1991. In this time, we’ve pre-approved more than a million people, offering products and advice to suit their circumstances.
- All credit histories considered
- Check your eligibility without affecting your credit score
- Save time finding the right loan deal
You can learn more about Ocean on our about us page.
Homeowner loans are secured against your property. This means your home may be at risk if you fall behind with your secured loan or mortgage repayments.
Remember, if you consolidate your existing borrowing, you may be extending the term and increasing the amount you repay in total.