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Home Improvement Loans

Helping you improve your home in small or big ways

Representative 9.9% APR (fixed)

Rates from 2.8% APR

From a fresh lick of paint to extra space for the family, a home improvement loan from Asda could give you the funds you need to add value to your property. No matter the size of your project, Asda Personal Loans have you covered with borrowing amounts from £1,000 to £25,000.

We offer borrowing rates from 2.8% APR and search our panel of trusted UK lenders to find the right loan at the right rate for you. We check if you’re eligible for a loan without impacting your credit score and give you a decision in minutes.

Why choose Asda Personal Loans?

  • Asda logo

    The Asda advantage

    Known for putting value for money at the centre of everything we do

  • One simple form…

    Receive quotes from our trusted panel of lenders without harming your credit score

  • Asda service, Asda value, expert providers

    A loan offer that’s best for you and your circumstances

What is a home improvement loan?

A home improvement loan can be used as an upfront payment for work you want to do to improve your home and increase its value. This could be anything from installing a new kitchen or bathroom, or building an extension or loft conversion.

If you’re searching for a loan to fund a home improvement project, there are two types of loan you can search for: an unsecured personal loan or a secured loan. The biggest difference between unsecured and secured loans is that the lender does not secure an unsecured loan against any of your assets, such as your home.

Unsecured personal loans (which we do)

  • Usually a small, fixed rate loan for personal use
  • Usually for amounts between £1,000 and £25,000
  • The amount you can borrow and the rate that you see is based on factors including your personal circumstances and your credit score

Secured personal loans (which we don’t do)

  • Typically sums over £15,000 and repaid over longer periods of 5-25 years
  • Amount you can borrow and the interest rate depends on credit history, your assets and personal circumstances
  • Lenders need security in the form of an asset – usually your home. If the loan is secured on your home, it could be repossessed if you do not keep up the repayments on any debt secured against it

Your home may be repossessed if you do not keep up the repayments on a mortgage or any other debt secured against it.

Top Personal Loans FAQs:

Why choose an Asda Personal Loan?

We’ll provide the best rate for you from our carefully selected trusted lenders so you can sit back and let us do the leg work. What’s more, when you look for a loan with us, we soft search your credit history, which means we can check your eligibility without harming your credit score.

Once your loan is approved, you could receive your funds the same day.

How does it work?

Asda Personal Loans is in partnership with Freedom Finance who are a leading credit broker to offer our customers a different solution to borrowing money and finding a loan. We work alongside Freedom Finance so we can provide our customers with their very best loan offer from our panel of handpicked trusted lenders. 

With one application, we search our panel of carefully selected lenders and provide you with a loan tailored to your needs. Once you have been approved you receive your funds which could be as quick as the same day.

So sit back, relax and let us do the hard work.

Who are your lenders?

We have carefully selected a number of trusted lenders to be on our panel. We will search our panel to provide you with the very best offer you are eligible for.

If you have any questions on our lenders, please call our Customer Service Team on 0333 555 0560 and a colleague will be happy to help.

How much can I borrow?

Our lenders offer loans from £1,000 up to £25,000 with repayment periods ranging from 1 to 7 years.

Will applying affect my credit rating?

No. One of the best things about our service is you get access to our panel of trusted lenders with no credit footprint left on your credit file. When you apply with us, we complete a soft search which doesn’t harm your credit score.

However, if you do proceed with an offer from us, the lender will complete a hard search once you have accepted your offer. This will show on your credit file.

About our trusted provider, Freedom Finance

Freedom Finance Logo

Asda Personal Loans is in partnership with Freedom Finance, who are a leading credit broker, to offer our customers a different solution to borrowing money and finding a loan. They were awarded Best Consumer Credit Broker in the 2020 Consumer Credit Awards – voted for by customers.

We work alongside Freedom Finance so we can provide our customers with their very best loan offer from our panel of handpicked trusted lenders.

With one application, our panel of carefully selected lenders can provide you with a loan tailored to your needs. It’s also a safe way to find a loan without negatively affecting your credit rating.