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Best home improvement loan

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Hi newbie here 
just looking for some advice.  I have a 3 bed bungalow and am looking for best option for personal loan to make some improvements.  I would like to convert the loft for an extra bedroom, whilst it’s a 3 bed it’s really 2 double and a small room classed as 3rd.  I have been in the house 20 plus years and there’s no mortgage on it, I’m only saying personal loan as I’m assuming it’s a better option than remortgage but that’s because I’m not sure I can as I’m in my 50s. I have had a quote for the loft £17.000 ( I haven't tried any other quotes yet so not sure if this is low or high figure) based just on this  I would look to borrow £20.000-25.000.   The last valuation was 9. Months ago valued at £250000.
im mainly looking to add some value so I can sell it  buy something smaller and have some cash in the pot for retirement.  I’m not familiar with any of this so please advise! Many thanks. 
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