If your garage is not being used to its full potential, why not consider converting it into extra living space? With a Nemo personal loan you could convert a garage and enjoy the extra space on the ground floor without reducing the natural daylight into other rooms.
With a loan from Nemo, you could borrow between £10,000 and £100,000, so if there’s more than the garage conversion that you want to add you could use the money to fund other projects. Nemo’s competitive rates range from 7.9% APR to 13.2% APR variable, with a typical 8.9% APR variable . However much you need to borrow, our loans are repayable over a term, from 5 to 25 years.*
Modern living with more people working from home, children with computers and game consoles makes a home extension very attractive. You could use a garage conversion to extend your kitchen to include a breakfast room. Adding an extra bedroom with or without an ensuite is also a popular choice for homeowners converting garages.
By using our repayment calculator, you could work out how much you monthly repayments on a Nemo loan would be if you have already worked out how much you would like to borrow. Alternatively, if you have worked out how much you are able to afford to pay each month, click here for our loan guide calculator. By using this guide it can help you to work out how much you could borrow with a Nemo loan.
At Nemo, we understand that no one likes to think about life’s what ifs. Our optional Payment Protection Plan covers your loan payments if you were to lose your income without warning due to accident or illness. For more information on Nemo’s Payment Protection Plan, underwritten by Norwich Union, click here
So, why not convert a garage to a home office, gym, bedroom or dining room, the possibilities are endless and the additional room could be very useful. Apply today for a loan from Nemo, and let us help you make the most out of your property.
To apply for a Nemo Loan, click here.
*Repaying borrowing over a longer term may increase overall interest charges. Some of Nemo’s products are repayable over a term of 10-25 years.
Secured loans from Nemo are for personal purposes only. Nemo does not provide secured loans for investment or business purposes. A Nemo loan is secured on your home and is for homeowners with a mortgage only. All loans are subject to status. |