How To Finance A New Roof Uk

The benefits of using the equity in your home to finance a new roof include lower rates longer repayment terms up to 20 years and a potential tax deduction for interest payments.

How to finance a new roof uk.

You also won t need to pay interest. Barclays partner finance is a trading name of clydesdale financial services limited a member of the barclays group. Unfortunately this option only works if you have the cash saved up. The closest you may get to a brand new roof is enough to repair the existing damage but that is certainly better than nothing.

Usually before the grant is given a nearby roofing contractor is asked to give a quote. In most cases re roofing is an option if the existing roof is damaged beyond repair. Other conditions may apply and we cannot guarantee that your application will be accepted. Before settling on a financing option it is important to analyze the lending process and the payment plan in order to make a smart financial decision let s look at few basic steps to financing a new roof.

Re roofing is the process of completely removing the current roof and making way for an entirely new one. It costs 784 on average for a roof repair according to homeadvisor. Findley roofing and building ltd only offers financial products from barclays partner finance and as findley roofing building ltd is not a lender cannot provide independent advice. Financing by taking out a line of credit or a loan is how most homeowners pay for expensive repairs.

Pay on finance credit products are available over 12 18 24 36 or 48 months subject to conditions and status. Contact a licensed contractor to discuss roof replacement or repair options. To be eligible to apply for finance you must be 18 or over in regular employment and have been a uk resident for more than 3 years. Claiming government funding for a new roof is possible but unfortunately it s not always given.

Government funding for new roof. Click to find out more. Since it isn t a loan you aren t required to have good enough credit to get approved. Taylor roofs make it simple to spread the cost of a new roof or a major roof repair.

Finance options up to 36 months and 0 interest. The cheapest way to finance your roof is to pay for it with cold hard cash. A roof replacement can be expensive and if the support structures in the roof need to be replaced that will only increase the costs further. Since a new roof can cost 15 000 or more depending on the size paying out of pocket is not an option for most homeowners.

Investing in a new roof is a big decision. Find out is roof financing the best for you. Check out our current promotions or call us today at 800 417 5664 to see which roof financing option can make a new roof a reality for you.