6 February 2007
The do-it-yourself bug bites a lot of British consumers during the spring, but financing home improvements can be a costly business and many consumers are left frustrated by lenders who refuse to pay out until the work has been finished.
Intelligent Finance has teamed up with BuildStore, the UK's leading specialist in the self-build and renovation market, to offer the BuildLoan Refurbishment Finance, which offers consumers up to 95% of the cost of the property being improved and will then release up to a further 95% of the costs of the improvements in phases at the start of each stage of the refurbishment.
The timing of the loan releases means that there is always a positive cash flow for the debtor, allowing them to get on with the home improvements without having to wonder where the cash is going to come from.
Brian Ewing, Head of Intermediary Sales at Intelligent Finance, commented: "We are delighted to have teamed up with such an innovator in the renovation and self build market as BuildStore.
"With more and more homeowners looking to refurbish or extend their properties, we are keen to offer them a competitive offset deal which offers both long-term value and flexibility."
Sometimes a personal loan is a good choice, perhaps you want to consolidate your credit cards or buy a new car. Whatever your needs, let uSwitch.com help you find one to suit. We're impartial and comprehensive and won't charge you for using our service. Compare personal loans and apply online.
© 2008 Adfero Ltd
Content for the uSwitch.com market news service is provided by a third party, Adfero Ltd. Whilst uSwitch.com makes reasonable efforts to check the reliability of this content, uSwitch.com does not guarantee the accuracy thereof or endorse the views or opinions given by Adfero Ltd, unless expressly stated otherwise.