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V12 Retail Finance Q3 Data Shows Home Improvement Finance More Than Doubling



New quarterly data from V12 Retail Finance shows that UK consumers continued to turn to point-of-sale finance for high-value purchases in the third quarter of 2026. Total finance values across the platform grew 7% between July and September compared with Q3 2025, and were almost 20% higher than in the same period of 2024.


The quarter got off to a challenging start as prolonged hot weather and a busy international sporting calendar disrupted normal shopping patterns in July. However, each month of the quarter was ahead of the same month in 2025, and demand strengthened as the summer went on. As in the first half of the year, growth came mainly from categories linked to the home, health and practical everyday purchases. This suggests that households remain willing to commit to significant spending, but continue to be selective about where they do so.


Andrew Phillips, Managing Director of V12 Retail Finance said:

"The third quarter shows a consumer who is still willing to spend on what matters most, even when the backdrop is far from straightforward. July was a difficult month for many retailers, but demand held up and strengthened through August and September."

"The standout trend is the continued investment households are making in their homes. Home improvement finance more than doubled year on year in the quarter, and that reflects a broader shift we have been tracking for some time, as people choose to improve the homes they already have rather than move."


"Consumers remain cautious about the wider economic picture, and we expect them to stay selective. But the strength and breadth of demand across our portfolio gives us confidence as retailers head into Black Friday and the Christmas trading period."


Home improvements emerge as the defining trend of 2026

Home Improvements was a standout performer in V12’s portfolio in Q3. Finance values rose by around 112% year on year, and the pace of growth increased each month. Values were up approximately 56% in July, 107% in August and 163% in September.


The category has now grown almost fourfold in quarterly value since Q3 2024, and now accounts for around 7% of total finance values, compared with less than 4% in the same period last year. Across the first nine months of 2026, home improvement finance values are up by around 73% year on year. This builds on the multi-year pattern of increased investment in property-related projects that V12's earlier data releases highlighted.


Furniture remains the anchor of demand

Furniture remained the largest category by a significant margin, accounting for close to 49% of all finance values in Q3 2026. Finance values held broadly stable, rising around 1.5% year on year on what had been a strong Q3 2025.


Performance varied through the quarter, with July softer as warm weather reduced footfall, particularly at retail park locations. August was a stronger month for the category, with finance values rising nearly 9% year on year as cooler temperatures and Bank Holiday promotional activity brought customers back to stores. On August Bank Holiday Monday alone, applications approved across V12's portfolio rose by almost 40% compared with the same day in 2025, with furniture retailers making a significant contribution.


Healthcare and practical categories continue to grow

Healthcare and dental finance values rose by around 6% year on year, and are up by more than a third compared with Q3 2024. The category accounted for around 12% of V12's total finance values in the quarter. This reflects continued consumer willingness to invest in dental and elective treatment, supported by the expansion of V12's healthcare provider network.


Growth was also strong across several practical and lifestyle categories. Consumer electrical finance values more than doubled year on year, rising by around 126%. Cycles grew by around 24%, with double-digit growth in every month of the quarter. Motor finance rose by close to 6%.


Signs of stabilisation in discretionary categories

In Q1, discretionary luxury categories were under pressure. In Q3, there were early signs that this pressure is beginning to ease. Jewellery, the second largest sector by value, returned to growth, with finance values rising nearly 3% year on year. This marks a positive step after a softening trend that had been evident since mid-2024.


Other discretionary categories remained more subdued. Art saw a decline of close to 8%, while music was broadly flat. This suggests that while sentiment around non-essential purchases may be improving, households are still exercising restraint in some areas.


Retailer network continues to expand

V12's retailer network continued to grow during the quarter. The most significant milestone was the launch of V12's partnership with Magnet, which went live across all 150 Magnet stores in July and made a strong early contribution to the growth in home improvement finance. The sector also benefited from continued growth among retailers introduced through broker partners.


"What has been particularly encouraging this quarter is how broad the growth has been," added Andrew Phillips.

"We have seen strength in our largest categories, in healthcare and in practical purchases, and early signs of recovery in jewellery. Combined with the momentum in home improvements and new partnerships such as Magnet, that gives us a solid platform as we move into the busiest trading period of the year."

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Jul 15, 2025
4 min read

As the days stretch out and sunshine becomes the norm rather than the exception, pot plants — both indoors and out — flourish with renewed vigour. But while summer brings warmth and light, it also presents a unique set of challenges for potted plants. High temperatures, drying winds, strong sun, and erratic rainfall can all take their toll.


Whether you're nurturing a balcony garden, styling an indoor jungle, or adorning patios with colourful containers, caring for your pot plants in summer requires a bit of know-how and consistency. With the right attention, your plants will thrive right through until autumn.


Watering Wisely

Watering is one of the most important — and most misunderstood — aspects of summer plant care. In hot weather, pots dry out significantly faster than garden beds, especially smaller containers or those made of porous materials like terracotta.


Check daily, particularly in warm spells. Stick your finger into the soil about 2–3cm down. If it feels dry, it’s time to water.


Water early in the morning or later in the evening to reduce evaporation and prevent leaf scorch. Avoid watering during the hottest part of the day.


Water deeply, not just a light sprinkle. The goal is to encourage roots to grow deeper by thoroughly saturating the compost. Shallow watering can lead to weak, surface-level roots.


Use saucers or trays beneath pots to catch excess water — especially helpful for thirsty plants — but ensure they don’t sit in stagnant water for too long, as this can cause root rot.


For indoor plants, don’t assume they need daily watering — many houseplants prefer to dry out slightly between waterings. Always consider the specific needs of each plant.


Feeding For Growth

Summer is a period of active growth for most plants. Nutrients in potting compost deplete over time, particularly with frequent watering, so a regular feeding routine is essential.


Use a balanced liquid fertiliser (e.g. one labelled for general plant use) every 1–2 weeks.


Flowering plants like geraniums, petunias, or fuchsias benefit from high-potash feeds, such as tomato fertiliser, which encourage more blooms.


For leafy houseplants, a nitrogen-rich feed will promote lush, green foliage.


Always follow the recommended dilution and frequency to avoid overfeeding, which can damage roots or cause salt build-up in the soil.


Managing Sun And Heat

While summer light is welcome, too much direct sun can be damaging — especially to delicate or shade-loving species.


Group pots together to create microclimates and reduce stress from wind and heat. This also makes it easier to water and feed.


Move sun-sensitive plants like ferns, hostas or begonias into shadier spots — dappled light or morning sun is ideal.


For indoor plants, be wary of sun scorch through windows. If leaves are fading or crisping at the edges, reposition them slightly away from direct light.


On exceptionally hot days, mulch the top of pots with bark, pebbles or coir to help retain moisture.


Repotting And Root Health

Summer isn’t the ideal time for heavy repotting — spring and early autumn are gentler on roots — but sometimes it can’t be avoided.


If roots are pushing out of the bottom or the soil is drying out unusually fast, the plant may be root-bound.


Choose a pot that is just one size larger, refresh the compost, and water well after repotting.


For plants that can’t be repotted, top-dressing with fresh compost and feed can help rejuvenate them.


Check pots regularly for signs of poor drainage, such as water sitting on the surface or soggy soil. Healthy root systems are key to vibrant, resilient plants.


Pest And Disease Watch

Summer warmth also means a surge in pests like aphids, spider mites, whitefly, and mealybugs — especially for plants in sheltered spots or greenhouses.


Inspect plants once a week, checking undersides of leaves and around stems.


A gentle wash with soapy water or a spritz of neem oil can help manage early infestations.


Good airflow around plants, clean pots, and not overwatering can reduce the risk of fungal issues such as mildew or mould.


Deadheading And Pruning

Keeping your potted plants tidy not only improves appearance but encourages continuous flowering and growth.


Deadhead regularly — remove faded blooms on flowering annuals and perennials to stimulate more buds.


Pinch out leggy or straggly growth on herbs and bedding plants to keep them compact and bushy.


Remove any yellowing or damaged leaves, which can harbour pests or disease and drain energy from the plant.


Holiday Cover And Dry Spells

Going away for a few days? Your pots will still need care in your absence.


Move containers into a shaded area to reduce stress and slow down evaporation.


Group pots together and place them on capillary matting or a shallow tray of water.


Ask a neighbour or friend to pop in — a watering rota with a clear note on each plant’s needs can go a long way.


Alternatively, consider self-watering systems, such as water spikes, ceramic cones, or wicking methods using a bottle or string.


Caring for pot plants in the summer is a rewarding blend of attentiveness and routine. With a bit of daily care — a splash of water here, a snip there — your containers can become vibrant, living centrepieces on balconies, doorsteps, patios, and windowsills.
More than that, tending to your plants can offer mindful moments of calm and connection. So this summer, embrace the rhythms of growth, light, and care — and let your pots flourish with you.

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