No. To renovate means to improve or restore something old, such as a building, into an ideal state as if it were new again, which often suggests structural works such as carpentry or construction. Our renovation loan, however, covers much more than that.
If your home requires new kitchen appliances, a more ergonomically-designed bed, or updated lighting in order for its inhabitants to enjoy a better quality of life, it is in our opinion that these necessary purchases should be covered by our renovation loan, too.
You may take out a renovation loan from us for services and purchases that include, but are not limited to:
Interior design fees
Painting, redecorating, flooring and tiling works
Bathroom fittings, electrical and wiring works
External works within the compound of the house
Flooring, tiling and bathroom fittings
Furniture and household appliances
New air-conditioning system purchases and installation