The following grants are available under our 2003 Housing Assistance Policy. We work in partnership with voluntary and statutory organisations as required.
You can borrow between £2,000 and £25,000. There are no monthly repayments; just one repayment when the property ownership is transferred. The loan is means tested, but generally you will be considered if your household income is up to around £18,500 after tax, you have savings of up to around £90,000, or a combination of both. If your income is above this, you may still be considered for a smaller loan.
The property must:
- Be the main residence of the owner and must have been owned for at least 12 months.
- Contain a ‘significant hazard’ under the housing health and safety rating system
- Be more than 10 years old
- Contain at least £50,000 equity after all charges on the property.
All loans are at the discretion of the council and subject to available funding.
To apply for any grant, please contact us online or call 01730 266551.