RENOVATION LOAN
Renovate, extend and improve your home
A new kitchen or bathroom, an extension or general upkeep: Nova Finance Corp's renovation loan finances your modernisation plans with a fixed rate of 3% per year.
A new kitchen or bathroom, an extension or general upkeep: Nova Finance Corp's renovation loan finances your modernisation plans with a fixed rate of 3% per year.
The renovation loan finances energy-efficiency upgrades, an extension, interior refurbishment or general upkeep of your home — whether you're an owner or a tenant renovating with the landlord's consent.
Example: for a bathroom renovation you apply for €15,000 over 48 months. At the fixed rate of 3% per year, that works out to a monthly payment of around €332. On request, Nova Finance Corp pays the amount directly to the contractor named in the cost estimate.
Be the owner, or a tenant with the landlord's written consent.
A detailed cost estimate from a contractor or specialist tradesperson.
Regular income that matches the payment.
No existing payment arrears.
Direct payment to the contractor available on presentation of the cost estimate.
Can be combined with certain energy-efficiency grant programmes.
Terms tailored to the scale of your project, up to 8 years.
Early repayment possible in case of a sale.
Have your contractor prepare a detailed quote.
Set the amount and term to match the cost estimate in the loan calculator.
Upload the cost estimate and proof of income.
To you or directly to the contractor, whichever you prefer.
Get several cost estimates before choosing a contractor.
Build in a buffer of 10-15% for unforeseen extra costs.
Check whether your project can be combined with government energy-efficiency grants.
Yes, the funds are intended for the work described in the cost estimate submitted with your application.
Yes, you can combine several cost estimates (plumbing, electrical, painting ...) into a single financing application.
This loan can complement certain energy-efficiency grants; talk to an advisor about your specific project.
If you prefer, payment can go directly to the specialist tradesperson named in the cost estimate.
Contact your advisor: a supplementary application based on an updated cost estimate can be considered.
Yes, with your landlord's written consent for the planned work.
Yes, any project that improves your living space is eligible, provided a corresponding cost estimate is submitted.
After the electronic signature, the payout usually takes place within a few business days.
Three steps, less than 5 minutes. An advisor will review your case and respond within 24h.