So, how are you going to pay for your garden office? Many people extend their mortgage to cover the cost of their garden office project or some of the cheaper garden offices fall in the price band of a personal loan or even a credit card, if you are in business you could apply for a business loan to pay for your office, but there are other options.
Many garden office suppliers offer finance options on offices so you can spread the cost of your garden office:
Interest Free Credit
Some suppliers offer interest free credit on a garden office, with this type of agreement a deposit of around 20% is paid and then a fixed number of monthly payments, the number of 0% months varies from supplier to supplier but typical examples are 10, 12, 24 and 36 month periods.
Buy Now Pay Later
If you want a garden office today but don’t want to pay for it for a year you could consider a buy now pay later deal. With this type of finance you pay a deposit of around 20% and defer the final payment for 12 months, if you pay the final payment before the end of the 12 month period you don’t pay any interest but if you go over the agreed period you will pay a high rate of interest.
Fixed Monthly Payments
If you want to pay for your garden office with fixed monthly payments you might consider this option, a deposit of around 20% is paid up front with fixed payments over 12,24,36 or 48 months, you pay interest on this type of arrangement and although longer terms have lower monthly instalments you will pay more interest over a longer term.
You might of course just want to pay with cash!