Renovation money advice

trailingspouse

Another vote here for doing it in stages. What's the rush? Do it when you can afford it - while you're saving, spend the time shopping around and getting quotes - and do as much of it yourself as you can.

foxy-stoat

Whats your monthly budget for this £10,000 to £15,000 loan going to be?


£15,000 @9.9% over 36 months is going to be £500 a month. Start with that, save £500 a month for a year, that way you will have £6000 to put towards some of the work.


After a years worth of saving you have £6000 and haven't dipped into it for anything unexpected then get a couple of credit cards, one with a 0% interest option. Buy the kitchen and bathroom with the card, do the balance transfer and pay £500 a month towards reducing the balance. Use the cash to pay tradesmen who don't accept credit cards.


Nothing hidden, you just need to save as much as you can.

[Deleted User]

Buy a cheap second hand car (checked by a mechanic before purchase). Get your parents to use that money for the house refurb, do as much of it as you can yourself.

I am good at putting kitchens in, pay for a plumber, electrician etc, do rest yourself. I knew nothing about DIY before I started.., nowadays YouTube has very very good videos to teach you how to do most DIY jobs. Just do it slowly. So much more satisfying.

martindow

I assume that the kitchen and bathroom are perfectly serviceable but just not to your taste. There really is no rush to do these and certainly no need to pile extra debt on yourself.

I've always found that once I've moved in to a house I just got used to living with a lot of things that I was sure I wanted to change.