Find, buy and develop empty properties

We can give you a loan to help you restore and develop empty properties.

If you want to find and buy an empty property you can look for advice on buying on the No Use Empty site.

Get a loan to develop an empty property

If you need financial help to develop a property that’s been empty for at least six months you could get short term property loans for developers.

The short term loans are for converting commercial units that have been empty for at least six months into residential accommodation units or to refurbish or convert residential properties that have been empty for at least six months, and have current planning permission)

Two types of loans are available.

Loan to sell

This is for properties being sold when the works are complete.

It’s available as a short term, interest only loan with full capital repayment within two years of drawn down or on the earlier sale of the property.

Loan to let

This is for units that’ll be privately rented out when works are finished and will continue to be rented out for as long as the loan is being repaid.

It’s available as a capital and interest repayment loan over a five year term or on earlier sale of the property.

To apply for a property loan for developers contact us directly.
Budget is limited and will be awarded on a first come, first served basis.

Empty property loan conditions

To get a loan:

  • the property must have been empty for at least six months
  • you must already have permission for change of use 

You can get a maximum loan of £15,000 per self contained flat and a maximum of £60,000 per development or premises.

We’ll give you 50% of the loan when you begin to work on the property and the rest when you finish.

Loans interest rates of 4% fixed throughout the term of the loan.

If you take out an empty property loan we will register a District Land Charge. This means if you sell the property before paying off the loan we can recover the outstanding balance of the loan from the sale price of the property.  

Contact information

Private Housing Team (100TS)

Bristol City Council

PO Box 3176

Bristol, BS3 9FS

Opening Hours

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Contact details

Email: private.housing@bristol.gov.uk

Tel: 0117 352 5010