How can I finance a conservatory?
You've decided to build the conservatory you've always dreamed of!
So you're looking into the various ways of financing your construction. Here are a few solutions to help you make your project a success.
Then you can look forward to beautiful evenings gazing out over your garden, cosy family meals or breakfasts admiring the sunrise from the comfort of this light-filled room!
The different types of conservatory finance
The price of a conservatory varies greatly depending on your project. Do you want it in aluminium? Wooden? Would you like to turn it into a kitchen area? A cocooning area? A wellness area? Would you like to fit blinds? Roller shutters or adjustable sunbreakers?
Redeeming your mortgage
Have you taken out a mortgage for your main home that you are currently repaying? By taking out a loan to build your conservatory, you can redeem your existing loan and group your loans together. This willreduce your repayments and simplify your budget management. You can also combine your loans if you have an outstanding car loan or consumer loan.
Financing your conservatory by including it in your mortgage
Not yet a homeowner and planning to buy your main residence? If you're planning to build or renovate a conservatory in your future home, now's the time to plan ahead and include the cost in your mortgage. That way, you can take advantage of lower mortgage rates and avoid having to take out several loans at once.
Request a free estimate for your conservatory project.
Personal contributions
With a personal contribution, you canreduce the cost of your monthly repayments, lower the amount you need to borrow and pay less interest on loans.
What's more, financial institutions often ask for a minimum amount of savings, which demonstrates your ability to save. Remember that the money you invest will pay off when you sell your home.
Make an appointment with an AKENA technical advisor
Would you like to contact us to discuss a conservatory project with a financing solution? Ask for an appointment with your AKENA technical advisor to discuss your project and the financing options available to you.
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