The challenging times we’re all experiencing means we’re getting a lot more calls than usual and our call times are longer. So we can support people in the most vulnerable situations, we ask that you only call us if your enquiry is urgent. You can still use our online and mobile banking services and our automated service.

A loan to help you improve your home

Cover the cost of home improvement with a Personal Loan

Do you dream about installing a new kitchen, improving your insulation, or creating extra space? If you’re looking for a home improvement loan, a Bank of Scotland Personal Loan could help you to transform your home.

You can apply online and get a decision within minutes. Find out how much you could potentially borrow using our Loan calculatorLoan calculator. While the calculator will give an indication of monthly payments and APR, you can find out your personalised rate by logging in to Internet Banking.

Log in for a quoteLog in for a quote

Loans for home improvement: features and benefits

  • With our Personal Loan, you could receive a rate of 3.9% APR Representative if you borrow £7,500 – £25,000 over one to five years.
  • Flexible payment options, where you can make additional payments without penalty.
  • Thanks to Internet Banking, your funds can be immediately transferred to your bank account between 9am–8:30pm, or before 9am the following day.
  • You can also manage your loan on Internet Banking.
  • You have the option to take up to two payment holidays of one month in a rolling 12-month period, subject to approval.  

Benefits of making home improvements

We’ve become a nation of fixer-uppers and renovators. Staying put and giving your home a makeover is becoming increasingly popular. The benefits are clear:

  • You could enjoy the efficiency and practicality of a new kitchen or bathroom.
  • You could create more space for a growing family with an extension, new conservatory or loft conversion.
  • You could improve your outside space with landscaping or external building upgrades.
  • Improved insulation and heating systems could save you money and make your home more energy efficient.

Keep in mind

  • Our loans for home improvements are available to customers who have held a Bank of Scotland Current Account for at least one month.
  • How much we lend and the rate available are subject to our assessment of your personal circumstances.
  • You may be able to take a payment holiday if you meet certain conditions. If you choose to do so, you will be charged interest for an extended period. That means you'll pay more for your loan overall.

If you decide to settle your Personal Loan early, we will charge up to 58 days' interest.

Representative example

You could borrow £10,000 over 48 months with 48 monthly repayments of £225.04. The total amount repayable will be £10,801.92. Representative 3.9% APR, Annual interest rate (fixed) 3.83%.

This representative APR applies to loans of £7,500 to £25,000 over 1 to 5 years. Other terms and loan amounts are available at different rates. The maximum APR you could be offered is 29.9% APR.

The representative APR is the rate that at least 51% of people are expected to receive when taking out a loan within the stated amount and term range.

Can I apply?

If you’re an existing Bank of Scotland customer with a Bank of Scotland Current Account (excluding Easycash) held for at least 1 month, you can get a personalised quote for a loan to pay for home improvements and you can apply online. You can still get a quote and apply if you have a credit card, a mortgage or another loan with us.

Apply online

Log in to Internet Banking to get a personalised quote. It takes around one minute, and in the majority of cases we'll tell you how much you can borrow and if you're likely to be approved before you apply. This wont impact your credit score.

If you then apply for a loan, we could give you a decision in around five minutes.

Log in for a quoteLog in to get a personalised quote and decision in minutes

Apply over the phone

If you hold a Bank of Scotland Current Account, call us on 0345 604 7291.

If you have a credit card, mortgage or existing loan with us, call us on 0330 123 0291.

Lines are open 8am–10pm seven days a week.

Apply in branch

To apply in branch, you'll need to book an appointment.