Moving house can be exciting, but it often comes with unexpected expenses. From removal vans and rental deposits to furnishing your new home, the costs can quickly add up. That’s where a loan for moving house could help. In this guide, we’ll explain what moving house loans are, how they work, and whether they might be the right option for you.
Representative 79.5% Rates from 48.1% APR to 1721% APR. The minimum Loan Term is 3 months. The maximum Loan Term is 36 months. Representative Example: £1,000 borrowed for 18 months. Monthly Repayment of £89.22. The total amount repayable is £1605.96. Interest amounts to £570.44, an annual interest rate of 59.97% (fixed) Representative APR: 79.5% (variable).
What Is a Loan for Moving House?
A loan for moving house is a type of unsecured personal loan that helps cover the costs of relocating. Unlike a mortgage, it’s not tied to the property itself. Instead, it’s a flexible form of borrowing that can be used for various moving-related expenses.
Whether you’re moving to a new rental property, downsizing, or relocating for work, a personal loan can provide quick access to funds during a stressful time.
What Can You Use a Moving House Loan For?
You can use a moving house loan for almost anything related to your move, including:
- Removal company or van hire
- Rental deposits or upfront rent
- Temporary accommodation
- Furniture and white goods
- Overlap costs (such as paying rent and mortgage simultaneously)
- Storage unit hire
- Professional cleaning services
How Much Can You Borrow?
At Dot Dot Loans, we offer personal loans ranging from £100 to £5,000, with repayment terms from 3 to 48 months. The amount you’re eligible to borrow will depend on your circumstances, including your income, expenses, credit history, and our affordability checks.
Can I Get a Loan for Moving House with Bad Credit?
Yes, it’s possible to get a loan for moving house even with a poor credit history. At Dot Dot Loans, we look at more than just your credit score. We assess your overall financial situation to determine whether the loan is affordable for you.
When you apply, we carry out a soft credit search first — this won’t affect your credit score. If approved, we’ll then complete a full credit check before offering a final decision.
Benefits of Using a Loan for Moving Costs
There are several reasons people choose to use a loan when moving house:
- Fast access to cash when you need it
- Fixed monthly repayments that help with budgeting
- No collateral required – our loans are unsecured
- Can help spread the cost of expensive one-off fees
- Flexibility in loan amounts and repayment terms
Things to Consider Before Applying
While a loan can help with moving costs, it’s important to be sure it’s the right decision for you. Here are a few things to think about:
- Can you afford the repayments comfortably alongside new household bills?
- Have you explored cheaper alternatives, like borrowing a van from a friend?
- What is the total cost of the loan over the full term?
Make sure to review the APR and total repayment amount before applying, and only borrow what you need.
Why Choose Dot Dot Loans?
We aim to make borrowing simple and stress-free. Here’s what you can expect when you choose Dot Dot Loans:
- Quick and easy online application
- Soft search eligibility check with no impact on your credit score
- Fast decisions and same-day funding available for approved applicants
- Transparent costs with no hidden fees
- Supportive customer service from our UK-based team
How to Apply
Applying for a loan with Dot Dot Loans is straightforward:
- Complete our short online application form
- Get a quick eligibility decision
- If approved, receive funds as soon as the same day
Final Thoughts
Moving house is often more expensive than people expect. If you’re struggling with upfront costs or simply want to make the transition smoother, a loan for moving house can provide the breathing room you need. Just make sure to borrow responsibly and choose a repayment plan that works for your budget.
At Dot Dot Loans, we’re here to help you move forward with confidence. Check your eligibility today with no impact on your credit score.
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