Home improvement loans are not really any different to unsecured or secured personal loans (a home improvement loan may be either, though more often than not is a secured loan), except for the fact that they are promoted specifically for the purpose of paying for improvement to your home.

These improvements may be necessary maintenance work such as replacing carpets, roofing and so on, or the improvement may be specifically aimed at adding value to the property. Many people use home improvement loans for building extensions, conservatories, loft conversions, or adding an extra garage.