According to recent studies, existing homeowners move less frequently than they used to – changing every 20 years, compared to the traditional 7 - 9 years.
With moving now more expensive than in the past, 48% of homeowners in the UK have plans to spend money on home improvement projects in the coming months – more than those heading away for a summer holiday.
So, how can you help your clients with funding for home improvement projects?
30% of Enterprise Second Charge mortgage completions last year were for home improvements.
Second Charge mortgages can prove an extremely useful option for raising funds, often ideal if:
You may believe Second Charge mortgages are difficult to arrange - but with Aria, it’s simple... With a two to four-week completion average, we can quickly help your clients access a range of competitive lenders and see their application through from enquiry to completion. Click here to explore how a customer used a Second Charge to raise £35k for home improvements in 7 days.