Home Improvement Loans

Looking to make some changes to your home? We can help you find the best home improvement loans to cover the cost, even if you have a poor credit rating. Get a quote today.

  • Personal and Homeowner loans
  • No up-front fees
  • Borrow £1,000 to £250,000
We have 2 types of loan you can choose from. A personal loan from £1,000 - £15,000 or if you’re a homeowner, a secured loan from £10,000 - £250,000.
Are you a homeowner?
You can also borrow this amount as a secured loan, available over 3 to 25 years. Would you prefer this?

Personal loans: APR Representative (variable) Secured loans: 8.6% APRC Representative. You must be a homeowner to apply.

Need a loan for home improvements?

Renovating your home can be a great way to add value to it, and it’s a much cheaper option 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, and with us you can easily gain access to competitive home improvement loan rates. We offer two different types of loan – homeowner and personal.

You’ll only be eligible for a homeowner loan if you own your own property. They range from £10,000 to £250,000 and can be repaid over 3 to 25 years. You can use our SmartSearch to find home improvement loans that you’re likely to be accepted for before you apply.

Personal loans are different because you don’t have to own your own home to apply. These range from £1,000 to £15,000 and can be repaid over 12 to 60 months.

Alternatively, why not use our home improvement loan calculator? It's a great tool that allows you to input a loan amount and an interest rate so you can see what your monthly repayments could be.

Try our loan calculator to see what your payments could be

The amount we show you is just an estimate. To get a personalised quote, we’ll ask for a few more details.

Estimated monthly payments:

Illustrative Rate 3.86%


Based on your loan request, you could be suitable for an

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The amount we show is an estimate based on an Illustrative Rate excluding fees. You can choose to pay the Broker Fee separately or have it added to the total amount of credit, which would increase the amount of interest you pay overall. Arranged rates between 3.86% to 24.84% APRC. Repayment terms between 3 and 25 years.

Our loans could help with:

Building an extension

Adding an extension or conservatory won’t just give you extra living space, it can also add value.

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.


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 can give you lots more usable outside space.

Common questions

Why use Ocean Finance?

At Ocean Finance, we know that everyone’s circumstances are different, so we’ll look at each application on a case-by-case basis and if we can help you, we will. Even if your credit rating isn’t perfect, we could still help.

What’s the difference between a homeowner and a personal loan?

Homeowner loans

To be eligible for a homeowner loan, you must own your own home or have a mortgage. They are usually for large amounts (£10,000 to £250,000) and can be repaid over 3 to 25 years.

Personal loans

Personal loans are usually for smaller amounts (12 to £15,000) and need to repaid over a shorter term – 12 to 60 months. You don’t need to own your own home to be eligible to apply for one of these loans.

If you’re a homeowner, you may be more likely to be accepted for a homeowner loan, especially if your credit rating isn’t perfect. This is because homeowner loans offer lenders more security as it’s secured against your home. Please remember that your home could be at risk if you don’t meet your monthly repayments.

Can I apply for a home improvement loan if I have poor credit?

If you have a poor credit rating due to missed payments in the past, CCJs, or any other reasons, it can make it more difficult to find a good deal on a loan.

But that doesn’t mean it’s impossible. We have loans designed for people with bad credit ratings. We look at each application individually and we’ll do our best to find you the best home improvement loan rates.

However, the loan may carry a higher interest rate compared to a loan for someone with a perfect credit history.

Other types of loans we offer