What you can use a repairs loan or grant for, types of loans and grants and how to apply.
If you need to make repairs to your home, we may be able to give you a loan or a small grant to cover the cost.
A loan is money that you'll have to pay back.
A grant is money that you won't need to pay back.
You'll need to apply for a loan first.
Who can apply for a loan
You can apply for one of our loans if you:
- own and live in your property
- are a private landlord
- have a property that needs repairs
Standard loan
Our standard loan is for essential repairs to a property such as:
- dealing with damp problems
- large electrical and plumbing work such as rewiring
- replacing rotting windows and doors
- structural work such as replacing rotten lintels or underpinning
- roof repairs
- replacing broken heating systems
The maximum loan amount is £20,000.
If the works are going to cost less than £7,500 you only need to get one quote for how much it's going to cost. If the works are over £7,500, you'll need two quotes.
How to apply
To apply for any of the loans above contact Lendology.CIC.
You can also call Lendology.CIC on 01823 461 099.
If you're an older or disabled person and would like support to carry out repairs to your home, contact WE Care.
Lendology.CIC will:
- help you through the process of applying for a home improvement loan
- check your eligibility for a loan
- see how much you could borrow
- advise on the loan best suited to you
Staying independent loan
Our staying independent loan can be used if:
- you're an owner occupier
- you need to adapt your home to prepare for a deteriorating medical condition
To get this loan you must:
- own and live in your property
- have an assessed need but cannot qualify for a Disabled Facilities Grant
- choose to self-fund instead
How much you can get
The maximum loan amount is £20,000.
If the works are going to cost less than £7,500 you only need to get one quote for how much it's going to cost.
If the works are over £7,500, you'll need two quotes.
How to apply
Contact WE Care to apply.
Repairs safety-net grant
A safety-net grant can be used to fix serious disrepair or hazards in your home if they're affecting your health and safety.
To get this grant you must own and live in your property.
You must have also been refused a Lendology loan for not meeting their financial criteria.
This could include:
- having no equity in your home
- having very poor credit history
- already being over committed financially
So, you must apply for one of the loan types above first.
If you've been refused a loan, and you're eligible, we'll contact you to offer this grant.
How much you can get
The maximum grant available is £7,500 in any five year period.
You only need to get one quote for how much it's going to cost.
If you sell your property within 5 years, you must repay the grant in full.