M&S PERSONAL LOANS
FOR HOME IMPROVEMENTS

Thinking of making improvements to your home?

A personal loan from M&S Bank may help

Personal loans for home improvements

Got a project in mind for your home? From a grand design like a loft extension to a little living room makeover, home improvements are a big commitment - and an exciting experience.

There are many reasons you might choose to improve your home. You’ve just moved into a house that requires urgent structural work, you want to increase its value - or maybe you just fancy a change.

But with the thrills of putting your own stamp on your place comes the process of finding the money to pay for it. By choosing a personal loan from M&S Bank you could cover the cost of home improvements and then pay the amount back over a period that suits you.

Why choose a personal loan for your home improvements?

Not everyone is in a position to pay for home improvements upfront using savings. There are several ways to pay for home improvements and it’s important to find a way that works best for you.

You could choose to pay for labour and materials month-on-month, but this might affect the timeframe of your project. You could save in advance, but sometimes this just isn’t feasible – especially if your house requires urgent attention.

By choosing a home improvement loan, you could borrow the amount you require all in one go. This allows you to make the improvements to your home in a timely manner and means you could pay back the amount you borrow in affordable monthly payments over a period that suits you.

Personal loan calculator

How much do you want to borrow?



Over how many months?



Existing customerFootnote 1
Start repayments

Footnote 1[1] Enhanced rates on certain loans may be available to customers with an existing M&S loan, current account or card (where you’re the main cardholder).

Customers who do not meet our normal criteria may be offered a different APR to our standard rates. The amount and term you request will also impact the rate offered.

View more information on our loans rates and tiers

Representative example

Borrowing over months:

  • Monthly repayment
  • Total amount payable 
  • Representative 
  • Interest rate of  (fixed)

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What are the benefits of taking out a home improvement loan with M&S Bank?

An M&S Bank loan could help you manage the cost of your home improvements, however you choose to spruce up your living space. You can use our Personal Loan Quote tool to get an indication of the terms on which we may be able to lend to you, without affecting your credit rating in any way.

You could benefit from:

  • Repay your home improvement loan over a period of 12 to 84 months on loans between £1,000 and £20,000, or over a period of 12 to 60 months on loans between £20,001 and £25,000
  • Overpayments free of charge, lowering the interest you pay
  • The option to defer payments for the first three months, while you get settled
  • Personalised loan quotes which won’t affect your credit score

To apply for an M&S Loan, you must have an annual income of at least £10,000, be a UK resident and be aged 18 or over. Customers who do not meet our normal lending criteria may be offered a loan at a different APR. This will depend on your personal circumstances. The loan amount and term you request will also impact the rate offered.

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Ways to improve your home with a personal loan

Some home improvements need just a few tins of paint and a roller brush. Others will require hundreds of parts, tool hire, labour and even planning permission.

Below are some examples of the home improvements you could finance with your personal loan:

  • Home extensions
  • Loft conversions
  • Adding a conservatory
  • Remodelling gardens and driveways
  • New kitchens and bathrooms
  • Updating home interiors

Ready to take out a personal loan for your home improvement?

Use our personal loan calculator to see how much you can borrow, and to find a payment plan that suits you.

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