Lending Done Differently
Lending Done Differently
Council backed loans designed to help homeowners fund essential home improvements.
If you need to repair or improve your home, a home improvement loan may help you spread the cost over time through fixed monthly repayments, depending on your circumstances.
Lendology works in partnership with local councils to offer fixed-rate loans to eligible homeowners. Designed to support homeowners who may not access mainstream finance.
Representative Example (4% fixed interest rate, Representative 4.2% APR).
Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC. Missing payments could affect your credit rating and ability to obtain credit in the future.
Loans are subject to status and are typically protected by a Title Restriction.
Home repairs and improvements can be essential, but the upfront cost is not always easy to cover.
Depending on your circumstances, a loan may help spread the cost over time, instead of paying the full amount upfront.
Lendology provide a fixed interest rate on all of our loans so there are no surprises throughout the term of your loan. You can make overpayments on your loan account at any time, or settle the loan in full.
All applications are assessed by experienced Case Managers who consider your individual circumstances, rather than relying solely on automated credit scoring.
Lendology work in partnership with local councils to lend to eligible homeowners. Each local council has its own policy, funds are limited. Loans are typicallt aimed at homeowners who may find it different to access credit elsewhere. Find your council and start your journey.
With fixed interest, no early repayment charges and the option to make overpayments at any time, our flexible loan scheme can be tailored to suit your individual circumstances.
Loans are subject to status and are typically protected by a Title Restriction. Missing payments could affect your credit rating and ability to obtain credit in the future. A Title Restriction means you may not be able to sell your home without our permission unless the loan is fully repaid.
Check your borrowing options.
If you are a homeowner looking to finance repairs to your home, our home improvement loan could be the answer you have been looking for.
Loan availability, maximum amounts and criteria vary depending on your local council scheme.
Start your home improvement journey today.
Unlike many high-street lenders, applications are reviewed individually by experienced Case Managers.
We assess your full financial circumstances, not just your credit score, to determine whether a loan is affordable and appropriate under your local council scheme.
All lending decisions are based on affordability and suitability. Loans are only offered where they are sustainable for the customer.
We understand that talking about money and applying for finance can be tricky, and we will work with you every step of the way.
We are happy to work with family members/supporting agencies if you would like help along the application process, however we will need your consent to doing so before we can speak to someone other than yourself. For customers identified as needing more support, we can arrange a face-to-face visit if needed. Your Case Manager is here to help and are fully trained to understand a wide range of financial circumstances.
Fill out our Application Form here or call us on 01823 461099 to complete an application over the phone. Want to find out more first? Complete our Contact Us Form to request a call back. A member of our team will get in touch within 2 working days.
Check your email for instructions to securely upload bank statements via Open Banking for an affordability check.
We’ll assess your application, run an affordability check, and conduct a credit search to confirm loan affordability. If we can’t provide a loan, we’ll do our best to signpost you for other support.
After our assessment, you’ll receive a personalised, conditional offer valid for six months—giving you plenty of time to make decisions that work best for you.
Once you’ve selected a contractor, share your quotes with us to move forward with the loan.
We’ll finalise the loan amount based on your quotes and send a Loan Agreement for you to review and sign.
With everything in place, you’re ready to begin your project! We can arrange deposits up front if required.
Once the work is completed, simply send us a copy of your contractor’s invoice, and we’ll release your funds to your nominated account.
Because our loans are funded by local councils, what’s on offer may vary depending on where you live. Choose your local council to check your eligibility and get started.
A home improvement loan allows you to borrow money to pay for repairs, maintenance, or improvements to your property, and repay it in monthly instalments over an agreed term.
With a Lendology loan:
All loans are subject to status and eligibility criteria.
Eligibility depends on your circumstances and you local council’s criteria. The best way to find out i to check what may be available in your area and submit an application for assessment.
Timescales can vary depending on your application and the information provided. Once your application has been assessed and approved, you will received a personalised offer ad guidance on next steps.
