| Representative APR | Amount | Term | Type |
|---|---|---|---|
| 4.9–14.9% | £1k–£25k | 12–120 mo | home_improvement |
Best For
Homeowners with good credit scores looking for loans specifically for home improvements.
UK homeowners with good credit who need financing for home improvement projects.
Novuna offers home improvement loans ranging from £1,000 to £25,000 with terms of 12 to 120 months and representative APRs from 4.9% to 14.9%.
Pros & Cons
Watch Out
Applicants must have a good credit score, which may limit access for those with less favourable credit histories.
Full Review
The Hitachi Personal Finance Home Improvement Loan offers flexibility, allowing borrowing from £1,000 to £25,000 with terms ranging from 12 to 120 months. This range makes it suitable for various renovation projects, from minor updates to major overhauls. The APR varies between 4.9% and 14.9%, depending on creditworthiness, so be aware of their credit score before applying.
Unlike some competitors, this loan can often be accessed through retailers and tradespeople, making it convenient for those planning home renovations. However, and loan processing typically takes 1-2 days, which is relatively quick in the market. A point to note is the strict credit requirements, which may lead to rejection for applicants with lower credit scores.
For those with good credit, this loan could be a valuable financing option. Always check Novuna's official site for the latest details on terms and conditions.
What Borrowers Say
Users generally report a smooth application process but caution about the stringent credit requirements.
