Metro Bank was founded in 2010. When it launched it was the first new high street bank to open in over 150 years. It serves individuals and businesses.

Today they have 77 stores across the UK. Their head office is in Central London.

What Loan Options Does Metro Offer?

Metro offers personal loans between £1,000 and £35,000 over a term of 1 to 5 years. You can use the loan to pay for:

• Home improvements
• A holiday
• A wedding
• A car purchase

What Is a Representative Example of the Terms That Metro Bank Offers for Personal Loans?

Borrow £10,000.

In 2005 Zopa built the first-ever peer-to-peer lending company to give people access to good value loans and investments. In June 2020 they launched Zopa bank. Their registered office is in London.

What Loan Options Does Zopa Offer?

Personal Loans

You can borrow between £1,000 and £25,000 between 12 and 60 months for a home improvement loan.

If you need to finance your home improvement project, click here to compare loans.

Car Loans

You can borrow money using an unsecured car loan. This loan has the same terms as a personal loan.

The AA started life in 1905 as a group of cyclists who would patrol the Brighton Road in London to warn drivers who were speeding to slow down. Soon there were cycle patrols on other roads stopping drivers who were travelling at more than 20mph.

The Automobile Association grew from there and by 1929 the club had 725,000 members and there were 2 million cars on the road.

Eventually, the AA founded the financial services branch and in 2004 they opened the AA Telephone Savings Account.

Now the AA offers personal loans, savings, home and car insurance and breakdown cover in partnership with Bank of Ireland UK.

Monzo is an online bank that was founded in 2015. It has offices in London and Cardiff.

It has steadily grown in popularity and now has customers throughout the UK and in the USA. Customers manage their accounts by using the Monzo mobile app.

Click here to compare loans for your home improvement project!

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What Loan Options Does Monzo Offer?

Monzo offers personal unsecured loans. You apply through their app and you will get a reply in minutes.

If you want to repay the loan early, there are no early repayment charges.

Marks and Spencer Bank was set up in 2012 to expand Marks and Spencer Financial Services which was founded in 1985.

Although Marks and Spencer has its own banking licence and board, it works in partnership with HSBC.

What Loan Options Do Marks and Spencer Offer?

Marks and Spencer offer loans for:

• Home Improvement Loans
• Wedding Loans
• Car Loans
• Debt Consolidation Loans

All Marks and Spencer personal loans are for amounts between £1,000 and £25,000. Repayment terms are over 12 to 84 months on loans between £1,000 and £20,000 and 12 to 60 months on loans between £21,001 and £25,000.

What Loan Options Does ASDA Offer?

Home Improvement Loans

You can borrow between £1,000 and £25,000 between 12 and 60 months for a home improvement loan or any of the following loans:

If you need finance for your home improvement project, click here to compare loans.

Compare Home Improvement Loans

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Car Loans

If you want to buy a new or second-hand car you can apply for a car loan from ASDA with up to five years to repay the amount your borrow.

Admiral was founded in 1993 as a company specialising in car insurance. They grew steadily and now have businesses that include personal finance, travel and home insurance.

Their UK headquarters is in South Wales and they also have offices in Delhi, India and Halifax, Canada.

What Loan Options Does Admiral Offer?

Home Improvement Loans

You can borrow between £1,000 and £25,000 between 12 and 60 months for a home improvement loan.

If you need finance for your home improvement loan, click here to compare loans and let us help!

Compare Home Improvement Loans

In 1861 the Post Office Savings Bank Act was passed into law. It meant that the Post Office could provide a savings scheme for workers from its headquarters in London.

Today, the Post Office has over 11,500 branches across the UK and customers can access their bank accounts from Post Office branches.

What Loan Options Does the Post Office Offer?

The Post Office isn’t a lender, it is a credit broker. Their loans are provided by the Bank of Ireland UK.

You can borrow between £1,000 and £25,000 repayable between one and seven years for:

Starling Bank was founded in 2014 by banker, Anne Boden who recognised the way technology could change banking services for UK customers. They have won British Bank Awards, Best British Bank for four years running, winning again in 2021.

They were top of the customer satisfaction table for 2020 in Which? Magazine and they are rated as excellent with Trustpilot.

What Loan Options Does Starling Offer?

Starling offers personal lending in the form of an overdraft. You can borrow up to £5,000 and repay the overdraft over seven, 30, 60 or 90 days.

If you want to modernise your home, make extra space, or look for a house that needs renovating then you’ll need to finance the home improvements.

All lenders have different rates of interest and so it can be daunting trying to find the loan that suits your needs. That’s why we have come up with this guide to help you find a mortgage that will help you get your home renovation project off the ground.

We’ll break down how much it costs to get a remortgage, the advantages and disadvantages of remortgaging, how to save money on your refurbishments and how to find a mortgage lender.

Even if you have a bad credit history it is still possible to get loans for home improvements.

You will probably have to pay more interest than someone with a good credit record, because it is more of a risk to lend to someone with bad credit.

Home improvements should add value to your home. A new bathroom or kitchen can add between 5% to 15%.

The budget you will need for a basic bathroom suite will be between £2,750 and £6,500. You can read more about the costs of a new bathroom in our 2021 guide.

If you are a homeowner and you want to carry out home improvements, you may be able to get a loan from your local authority. Your local authority will normally be in partnership with a not-for-profit lending scheme that offers loans with low interest.

The loan will be secured against your home. This means the lender will register a charge on your property at HM Land Registry.

It will stay on the register until the loan is repaid.

The first Sainsbury’s store was opened by John James Sainsbury and his wife, Mary Ann in Drury Lane, London. By 1882 they had opened four more stores including one in Croydon.

As the years passed they opened more and more branches and it began to offer banking services in 1997. Sainsbury’s is now one of the UK’s largest food retailers.

What Loan Options Does Sainsbury’s Offer?

Sainsbury’s offers personal loans with a range between 2.8% and 24.9% APR. They offer loans for:

Home Improvements

If you are a Nectar member you can borrow between £7,500 and £25,000 at a representative APR of 2.8% payable over 37 to 60 months.

The Bank of Scotland is based in Edinburgh. It is Scotland’s oldest bank.

Its first branch opened in 1695. A year later in 1696, they were the first commercial bank in Europe to issue paper currency.

Notes were issued in denominations of £5, £10, £50 and £100.

What Loans Do The Bank Of Scotland Provide?

The Bank of Scotland offers unsecured personal loans to customers who have had a bank account with them for a least a month. You can also apply for a loan if you have a credit card or a mortgage with them.

RBS was founded in 1727. In 1969 it merged with the National Commercial Bank of Scotland and became The Royal Bank of Scotland.

Its headquarters are in Edinburgh.

What Loan Options Does RBS  Offer?

Home Improvements

RBS have personal loans on offer including loans for home improvements. Most of their personal loans have a representative APR of 3.4%.

If you want a home improvement loan you can borrow between £1,000 and £7,450. The repayment period is over two to five years.

You can also borrow between £7,500 and £50,000. This has a repayment period of over two to 10 years.

The TSB was founded in Scotland in 1810. In 1995 it became Lloyds TSB, but since then has reverted to its original name.

It is now part of Spain’s Sabadell banking group.

What Loan Options Do TSB Offer?

Home Improvement Loans

TSB has a representative APR of 2.8% for loans between £7,500 and £25,000. You can repay the loan over one to five years.

TSB also offer other loans with the same terms and these are for:

• Weddings
• Holidays
• Car purchase
• Debt consolidation

Lloyds was founded in Birmingham in 1765 and it is one of the oldest banks in the UK. Its headquarters are in London and it has over 2,000 branches throughout the country.

What Loan Options does Lloyds Offer?

Lloyds offers several personal loans. With each loan, there is the possibility of taking up to two repayment holidays a year.

You can make additional payments to clear the debt faster and you can pay off your loan early with up to 58 days of interest charges.

Barclays was founded in Lombard Street in London in 1690. John Freame was a goldsmith and worked with Thomas Gould.

The name Barclay’s comes from John Freame’s son-in-law, James Barclay, who was made a partner in the bank in 1736.

What Loan Options Does Barclays offer?

Barclays offer several types of loans to their customers and non-customers which include:

Unsecured personal loans

Barclays offer unsecured loans between £7,500 and £15,000. The loans have an APR Representative of 7.9%. Repayments are over two to five years.

HSBC was founded in 1865 by Thomas Sutherland, in Hong Kong. It was founded to enable trade between Asia and Europe.

In 1865 HSBC opened a bank in London and in 1992 bought out the Midland Bank.

What Loan Options Does HSBC  Offer?

HSBC offers several personal loans which they advertise for:

Home Improvements

If you borrow between £7,000 and £15,000 HSBC have a 3.1% representative rate until November 2021. You can repay the loan over a period of 12 months to 60 months.

Otherwise, you can borrow from £1,000 to £25,000. Repayment periods for £15,000 or less are between one and five years.

The Halifax was founded in 1853.  In Halifax, the textile industry was booming and people from the countryside came into the town to look for work.

Housing was in short supply and so the Halifax Building Society was set up to help working men and women save enough money to buy land and build houses. From these roots, The Halifax grew.

It became a bank in 1997 and it is now owned by the Lloyds banking group.

Nationwide now has its headquarters in Swindon, Wiltshire. It started in London in 1846 and between then and now has undergone more than one hundred mergers.

What Loan Options Does Nationwide Offer?

Nationwide, unlike other banks don’t specify what you can use a personal loan for. Instead, they advertise the service as a general personal loan offer with a table of their representative APR’s depending on how much you borrow.

You can take out a personal loan for things like:

• Home Improvements – if you want to fit a new kitchen, convert your loft or install new windows

The Santander Bank first opened its doors in Santander, Spain in 1857. The Bank entered the UK market in 2004 and since then has acquired a number of UK building societies including the Alliance and Leicester and Bradford and Bingley.

It is now the fifth-largest UK bank.

What Loan Options Does Santander Offer?

Santander offers unsecured loans for:

Home Improvements

Home improvements cover projects like converting a loft or renewing a kitchen.

Buying a Car

You can use the loan to buy a new or second-hand car.

Tesco bank was formed in 1997 as a joint venture between Tesco’s and The Royal Bank of Scotland. In 2008 Tesco’s bought out TSB and became Tesco Bank.

What Loan Options Does Tesco Offer?

Home Improvements

The borrowing limits are between £1,000 and £35,000 for a home improvement loan. You can repay the loan between two and 10 years.

Weddings

If you need to finance your wedding, you can borrow between £7,500 and £15,000. The repayment period is between 12 and 60 months.

Holidays

The borrowing terms for holidays are the same as the terms for a wedding.