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Home improvement loans

Whether you’re upgrading your home office, adding an extension, or fitting a new kitchen, a home improvement loan can split the cost into more affordable payments.

Our lowest rate: 5.9% representative for loans between £7,500 and £25,000 for 1 - 5 years.

Home improvement loans that match your needs

Choose your amount

Apply for £1,000 to £25,000. Or £300 to £50,000 for TSB current account customers

Choose your term

Repayment terms from 1 to 5 years. Up to 7 years for existing TSB customers

Make a decision

A personalised quote and a decision in minutes without affecting your credit score

Home improvements loan calculator


Want to see the cost of your loan before applying? 

Our loans calculator shows you what your representative APR would be, making it easy to compare the overall cost of credit against other lenders. 


To apply for a loan, you'll need to:

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Be a UK resident

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Be over 18, or over 21 if you apply online

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Be employed or have a regular income

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Earn at least £850 per month after tax

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Not have any recent CCJs, Credit Defaults or Bankruptcies, and be up to date with any TSB debts

How do I apply for a home improvement loan?

Already a TSB customer?

If you’re an existing TSB customer it’s quicker to log in to get your quote and apply​.

How do I apply for a home improvement loan?

New to TSB?

It's easy to get a personalised quote and apply online.


Book an appointment to apply for a home improvement loan in branch or over the phone.

Borrow well

If you’re looking to borrow money, read our guide to borrowing sensibly.

Fraudsters will often try to trick you into taking out a loan

If you’re applying today: to make an investment, to help the National Crime Agency or the police to catch a criminal, or to send money to someone, even someone you know, STOP!

These are common frauds and you may be about to become a victim. For help and support, please call our fraud team on 0800 096 8669.

Home improvement loan FAQs

Loans for home improvements allow homeowners to borrow an agreed amount of money, which can be used for home improvements and renovations.​

A home improvement loan is an unsecured personal loan, meaning you can take out the loan without putting up an asset as security, such as your house.

Home renovation loans provide homeowners with the money for a home improvement upfront, allowing them to borrow what they need and pay it back within an agreed timeframe. At TSB, we can provide a personalised quote in minutes. We can even send the money to you on the same day, if you have held a TSB current account for more than 3 months and apply before 6pm.

TSB’s home improvement loans have a fixed interest rate, so you can pay back the same amount each month.​

As well as choosing the amount to borrow, you can also decide the repayment period.​

Carrying out home improvements could also increase the value of a home.​

TSB’s home improvement loan can be used for home renovations and repairs, however not major renovations or extensions. Major renovations are defined by projects where more than 25% of the surface area of the building undergoes renovation.

As remote working is becoming more popular, a home improvement could be used to create or improve a new home workspace.​

Home improvement loans are also commonly used to carry out repairs in homes. Should your home require immediate repairs, a home improvement loan can give you access to funds quickly, so you can get the issue repaired and prevent further damage from occurring.

Home insurance can cover for some home renovation, such as the risks when carrying out home renovations and structural works. If any home renovation goes wrong and requires repairs, this can be covered by home insurance. You should be sure to let your home insurance provider aware of any building work, as you may be unable to make a claim otherwise. Home insurance will not cover cosmetic improvements or redecorating, but they may cover any repairs required from structural alterations and renovations gone wrong.

General renovation and home improvement are also main reasons for a home improvement loan. This can include installing a new bathroom or kitchen or redecorating a bedroom or living room.

A home improvement loan is different to a home equity loan.

​TSB’s home improvement loan is unsecured, meaning the amount borrowed isn’t taken out against the borrower’s house. This gives more flexibility on what the loan can be used for and means the lender doesn’t have a claim against the borrower's home, in the event the loan cannot be repaid.​ However, legal action will be taken if the loan is not repaid.

A home equity loan on the other hand is secured, meaning a loan is taken out against the homeowner’s house. Home equity loans can have lower interest rates, however, if the borrower is unable to repay the loan, the lender can take the money through the equity of the borrower’s house.​

Customers can also only qualify for an equity loan if there is any equity in the property. If the value of the property decreases later, the customer must still repay the whole amount borrowed, even if the home is still in negative equity.

You do not need to be a current TSB customer to apply for a home improvement loan, if the amount borrowed is between £1,000 - £24,999.​

If you wish to apply for a home improvement loan above or below this amount, you will need to hold a TSB current account.​

Important information

The representative APR is the Annual Percentage Rate of charge. You can use it to compare the overall cost of credit between different lenders.

TSB adheres to The Standards of Lending Practice which are monitored and enforced by the LSB:

To read more about our lending commitments to you, please click here to read the leaflet.