Your Home Improvement Loan Your Way
Kenmare Credit Union announces a Home Improvement Loan Rate of 9.4% APR*
Whether you’re looking for THE ‘I need a man-shed and soon’ DIY LOAN, or THE ‘magnolia is so last year’ HOME IMPROVEMENT LOAN, come and talk to your local credit union.
According to property consultants, Savills in May 2014, expenditure on home improvements has increased sharply over the last 15 months. This is due to a significant improvement in consumer confidence and sentiment and a pent up demand following several years of reduced activity.
Given the added value of the Home Renovation Tax Incentive Scheme introduced in the last Budget now is the ideal time to make a start on those home improvements and a loan from Kenmare Credit Union can help you get things started. Home Improvement Loans are available at Kenmare Credit Union at a rate of 9.4% APR.*
Our philosophy has always been to look at things differently. We understand the difference a home improvement loan can make to your life, increasing comfort and adding space, so we always look at your whole story to make sure you feel at home with the loan process. We only propose home improvement loans with realistic terms, which you can pay back in a way that works best for you. We don’t charge administration fees or transaction charges and you can pay back your home improvement loan early without penalty, if that becomes an option. Remember, in your local credit union, you are not a customer, you are a valued member.
No matter what your home improvement loan is for – from a total revamp, to just a little redecorating, or THE 'I’m going green’ ECO LOAN, your credit union will ensure everything is clear, transparent and straightforward. So you can get on with creative and wonderful improvement ideas for your home, your way. So if you’re thinking about turning your house into a home again, call in to us today or log on to www.kenmarecreditunion.ie for more details.
Commenting on the launch of the home improvement loan campaign Catherine Orpen, Loans Officer, Kenmare Credit Union said:“ The Irish property market is certainly showing signs of recovery and this in turn is giving people confidence to carry out home improvements that were maybe put off during the depths of the recession. Kenmare Credit Union is delighted to be able to offer a new home improvement loan product to its member at a very competitive 9%*rate. We would encourage members contemplating undertaking improvements in their home to contact us about finance.”
For more information on The Home Renovation Incentive Scheme please go to www.revenue.ie
Cost of Finance:
For a €5,000, 3 year variable interest rate loan, with monthly repayments of €159, an interest rate of 9 %, an APR of 9.4 %; the total amount payable by the member will be €5,724.
For further information please contact: Kenmare Credit Union (064 6642111 or www.kenmarecreditunion.ie)