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Tel: 020 7561 1786 (Multilingual advisors available)  •  Fax: 020 7272 8192  •  Email:

Wed 16-Aug-2017
NewsTime for some home improvements?
10 April 2015
Time for some home improvements?

Spring is in the air, so what better time to take on some of those much-needed home improvement projects with a low cost loan from London Capital Credit Union?

Whether it’s time to do up the kitchen or bathroom, your garden needs a makeover or your boiler’s on the blink, a low cost Saver Loan or Home Owner Loan from the credit union could help you make valuable improvements to your home.

Many of our members use our Saver Loan, which is a low cost way of borrowing for those much-needed jobs around the home and is a great way of moving away from borrowing and into a savings habit. Our Saver Loans start with an APR of 12.7% for members who have regularly saved with us.

The great thing about our Saver Loans is that part of your regular payment is allocated to your savings account, which means that as you repay your loan, your savings continue to grow. For example, £1,000 taken out for home improvements this spring and repaid over a year in 12 monthly instalments of £89 would cost you only £67 in interest. And thanks to the saving element of the scheme, at the end of the year as well as clearing your loan you would have at least £312 in savings, already put aside for more little jobs next year!

For those larger home improvement projects, our Home Owner Loans are for amounts from £7,500 to £15,000 and start at just 5.9% APR (up to a maximum of 9.9% APR). Home Owner Loans are available to anyone qualifying for credit union membership who opens their account with a minimum share deposit of £50 (including £5 life membership fee). Applicants must provide their most recent mortgage statement or other proof of ownership if there is no mortgage, and must agree to save a minimum £40 per month during the term of the loan.

In fact, we can offer loans at 0.1% less than that formally offered by any High Street Bank, for any qualifying credit union member who can provide an offer letter from their bank for the equivalent sum, together with their most recent mortgage statement.

So if you’ve been putting off essential maintenance work, you’re planning to convert your attic, or there are other improvements you want to make to your home, talk to us today as we may be able to help with a low cost loan that can make all the difference.

To find out more about our full range of loans and how we can help cover the cost of your home improvements, visit our loans page.



Find Us here:
  • London Capital Credit Union
  • Tel: 020 7561 1786 (Multilingual advisors available)  • 
  • Fax: 020 7272 8192  • 
  • Email:
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Authorised by the Prudential Regulation Authority & regulated by the Financial Conduct Authority & the Prudential Regulation Authority. Firm Ref. No. 214094