The purchase of an old property sometimes requires renovation work. The realization of the latter requires the provision of financial means. From personal credit to energy premiums and aid, discover the possible means to finance your renovation work.
Make a personal loan to amortize costs
Personal credit is a financing that is appreciated by many people. The main reason is that to obtain a personal loan, you simply have to provide some supporting documents, to validate the loan, but you do not have to provide anything to justify the use of this money. Thus, this type of loan is ideal for financing light work.
For example, you can use this loan to replace the refrigerator, decorate a guest room or your child’s room, renovate an entire room or build an attic. You can also use this loan to acquire the materials needed to renovate your home yourself.
In addition, before obtaining such a loan, you must take into account your monthly income, current loans and work to be done. To do this, you can run a credit simulation on the Sofinco site. This will allow you to know how much you will be able to borrow without putting yourself at risk of over-indebtedness.
Learn about the various possible aids to reduce costs
In order to reduce renovation costs, you can opt for a works credit. It is a loan obtained exclusively for the renovation of real estate. To obtain the latter, you must provide proof, because the amount is not negligible. You can use it for medium renovation work.
However, the bank does not pay you the amount of this loan. The craftsmen who are involved in carrying out this renovation all provide quotes. The financial institution then transfers to each of them the sum necessary to carry out the work. Remember that you cannot receive financing that exceeds 75,000 euros for a work credit.
In addition, the State is also setting up a renovation assistance system. This makes it possible to come to the aid of people who want a helping hand before carrying out work. Most often, this assistance is in the form of a tax credit, an Anah grant, or a zero interest loan.
Take advantage of energy bonuses for responsible work
Energy suppliers are joining the movement to reduce energy consumption in homes. This allows them to receive certification from the state. This approach encourages the work to be carried out. Homeowners can now have their energy renovation work carried out at a fixed price.
For example, you can insulate your walls from the outside, insulate your roof, replace the heating mode, etc. To get there, you need to contact a certified company that allows you to get a renovation bonus. This is the way for you to reduce renovation costs from both a financial and energy point of view.