Owners of empty uninhabitable properties are being offered £15K loans to renovate!

Owners of empty uninhabitable properties are being offered £15K loans to renovate!

The National Empty Homes Loan Fund is offering these owners loans between £5,000 to £15,000 at a fixed interest rate of five per cent. The loans are available for a maximum of five years to individuals aged 18 and over who own a property that has been empty for six months or more. The scheme, which aims to tackle Britain’s housing shortage, is a joint initiative between the charity Empty Homes, Ecology Building Society, central government and 39 participating local authorities. This is the latest scheme to try and combat the rising number of uninhabitable properties in the UK.

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