With our 21st Century Bride Survey putting the UK’s average wedding cost at £32,000 – it seems that getting married will take up a sizable chunk of your savings.


Of course it’s possible to have a wedding on a far lower budget and small changes – such as getting married on a weekday – can dramatically slash your costs. But no matter what your wedding budget, it’s an extra cost that you will need to plan and save for – and you can find plenty of budget boosting wedding tips at the end of this article!

Many couples consider taking out a wedding loan or using credit cards to pay for their big day. If you and your partner have been thinking about getting a wedding loan then it’s worth taking some time to think this through carefully and plan your future finances to ensure you are not starting married life in anything but a happy and positive way.


There are plenty of other ways to fund your big day but if you are thinking about a wedding loan then here is some helpful information to get you started.

What is a wedding loan?

A wedding loan is essentially a personal loan that you will be using to fund your wedding day. Many companies offer a specific “wedding loan” but it will work much in the same way as a personal loan, you will receive a lump sum and then have a repayment plan over a chosen period of time.

Should we get a wedding loan?

This is really a question you need to answer for yourself. It’s always worth looking at other avenues first such as existing savings, your family may wish to help pay for the wedding and also don’t forget that you have the time leading up to the big day to save. If you have considered all other avenues and they don’t work for you then you could consider a wedding loan.

How do you get a wedding loan?

There are many companies out there who offer wedding loans – you will need to apply just like you would with a normal loan. Always make sure you are going to a reputable lender and you have a clear understanding of how much you are borrowing, how much you will be paying back in total and what your monthly payments are going to be.

Can you offer more information about wedding loans?

If you would like to find out more information about wedding loans then visit our wedding loans section where we offer information on applying for a wedding loan with Lending Works.*

* 9.9% APR Representative.  Credit subject to application. The rate you are offered depends on your personal financial circumstances, loan amount and repayment term, and may differ from the Rep APR shown. Lending Works will confirm your rate when you receive your personalised quote. Hitched is acting as an intermediary and is not the lender. Loans are provided through Lending Works’ peer-to-peer lending platform. Immediate Media Company London Limited (trading as Hitched) is an appointed representative of Lending Works Limited which is authorised and regulated by the Financial Conduct Authority. Lending Works Limited’s registered offices are at 60 Gray’s Inn Road, London, WC1X 8AQ.

How else can we save money or boost our wedding budget?

If you are looking for ways to boost your savings then don’t miss 23 Things to Give Up Now to Help Save for the Wedding. Or you can cut your costs with our helpful 17 Awesome Wedding Budget Hacks and our best Budget Friendly Wedding Ideas.