Liberty Helps Homeowners Improve Property Values with Renovation Funding

The right renovation project could unlock a home's full potential and Liberty has personal loan solutions to help Australian property owners make improvements sooner.

MELBOURNE, AUSTRALIA / ACCESSWIRE / July 7, 2024 / Cost of construction was one of the key topics discussed at the recent launch of the Housing Industry Association (HIA) Kitchen and Bathroom Report.

HIA Chief Economist Tim Reardon said that the cost of a new kitchen and bathroom is continuing to rise due to higher construction costs.

According to non-bank lender Liberty, personal loans could provide fast access to funds allowing homeowners to complete renovations that transform their homes - including the kitchen and bathroom.

Manager ─ Group Communications, Kate Jenkinson says a personal loan could help bring home improvement projects to life amid current high construction costs in Australia.

"We understand home renovations can be a substantial undertaking, and not everyone has sufficient savings to support such projects," Ms Jenkinson said.

The non-bank lender says their personal loans can be used to update bathrooms, remodel kitchens, or improve outdoor areas by building enhancements such as decking.

"With a personal loan, borrowers could cover the costs of materials, labour, and other expenses related to a home renovation project," Ms Jenkinson said.

"These changes all potentially add value to a home and could be a major point of difference if the house is sold in the future."

Personal loans offer flexibility for homeowners allowing them to create their dream home sooner.

The consistency of fixed repayments also helps to make budgeting easier, which is especially beneficial if a borrower is also balancing a mortgage.

Liberty provides speedy turn-around times and an easy online application process so borrowers can access funds faster.

"At Liberty, our free-thinking loans offer flexibility and are personalised to a borrower's unique situation," Ms Jenkinson said.

"We're here to help Australians reach their major lending goals and get financial."

About Liberty
As one of Australia's leading non-bank lenders, Liberty offers innovative solutions to support customers with greater choice. Over more than 26 years, this free-thinking approach to loan solutions has seen more than 850,000 customers across a wide range of home, car, business and personal loans, as well as SMSF lending and insurance products. Liberty remains the only non-bank lender with an investment-grade credit rating offering custom and prime solutions to help more people get financial.

Approved applicants only. Lending criteria apply. Fees and charges are payable. Liberty Financial Pty Ltd ACN 077 248 983 and Secure Funding Pty Ltd ABN 25 081 982 87 2 Australian Credit Licence 388133, together trading as Liberty Financial.

Contact
Kate Jenkinson
Manager - Group Communications
P: +61 3 8635 8888
E: mediaenquiries@liberty.com.au

SOURCE: Liberty