Need £18k loan for new kitchen - best option?

dotdash79

The best option is not to spend 18k on a kitchen, that by the sounds of things you can't afford.

closed

Lot of money to cover up



Endowment growth estimates are meaningless.

[Deleted User]

"For a new sink and base unit, one double base unit, three single base units, four wall units, work tops and housing for an oven and dishwasher (plus handles and fixings, but not appliances or installation) you could pay £1,000 from a budget brand such as Ikea, and up to £8,500 from a premium brand such as John Lewis."

http://www.which.co.uk/home-and-garden/home-improvements/guides/planning-a-kitchen/kitchen-costs/

£8,500 is considered premium. My parents had a new kitchen put in their house about 5 years ago and they only spent a few thousand pounds, it is still in good condition and will last another 10 easily.

You would be absolutely crazy to spend £18,000 on a kitchen that you cannot actually afford. You don't need to get a poor quality kitchen when you're on a budget, you just have to make careful decisions. You can't get a kitchen that looks like it cost £18,000 for £5,000, but you can get a kitchen for £5,000 that looks like it cost £5,000 and is built to last.

You'll end up with a poor quality kitchen only if you don't understand your limits, if you approach this pragmatically you could have a kitchen that will last you until long after you retire without needing to spend £18,000.

poppasmurf_bewdley

Why are you spending an enormous amount on a kitchen for a house on which you are not even paying off capital?

carebabe

worthwhile getting a few different quotes surely. if a company needs work they will price lower.

prosaver

orange71 wrote: »

true - but it's an investment, we are planning to stay in house forever, want quality that will last. Did DIY job last time round and it lasted 5 yrs... want to do it properly this time.

we did ours fitted units, oven, hob, extractor, sink for 3k and that was about 7 years ago,
last year we had to get a new oven and hob though which cost about 500 and an electrician to connect it up about 30 pound.:p

meer53

I think kitchens date quite quickly. Unless you can afford to update it again in another 10 years, i'd get a cheaper kitchen.

vassa

sistafromanothermista wrote: »

I have. No service void in the back, expensive to install due to this. Poor quality, poor service, poor product all round really.

You can NOT say the quality is poor on the expensive models. You just can't, because it isn't. Good quality is good quality and not really up for debate. Compare their kitchens to B&Q if you really want to see what they look like next to tat.

And no service void is nothing major at all, incredibly simple to work around.

The service, that's your opinion.

JuicyJesus

£18k is a ridiculous price for a kitchen.

I think OP has got confused between "want" and "need".

Steve_the_fitter

Ikea have their place and if fitted well can last but as far as I know the cabinets and wirework are the same on their expensive range as their cheaper ranges. the only thing different is the quality of the doors.

vassa wrote: »

You can NOT say the quality is poor on the expensive models. You just can't, because it isn't. Good quality is good quality and not really up for debate. Compare their kitchens to B&Q if you really want to see what they look like next to tat.

And no service void is nothing major at all, incredibly simple to work around.

The service, that's your opinion.