Should You Use A Short Term Loan To Fund Home Improvements?
So, you’ve worked hard to get onto the property ladder, and now you have a home that you really can consider your own (well, subject to you paying off the mortgage). You would like the look and feel of your home to reflect the fact that it’s your own… but what can you do if you have little cash left over for home improvements? One solution could be to look at home improvement loans , such as the short term loans we help make available to many residential property owners here at CashCompare. The term “ short term loan ” is typically applied to loans that last for up to 12 months. So, this type of borrowing might well be a solution for you if you don’t want to be overly burdened with another long-term loan alongside your mortgage. However, it is important to consider your exact circumstances and needs before you commit to any particular solution for funding home improvements. So, what are some of the factors that are likely to guide your decision-making? The amount of m...