Get involved! Send your photos, video, news & views by texting COUNTY GAZETTE to 80360 or email us
Repair fund for homeowners
8:00am Monday 21st October 2013 in News
ANYONE struggling to pay for essential repairs to their home could be entitled to a low-interest loan under a new scheme.
South Somerset District Council has teamed up with the not-for-profit Wessex Home Improvement Loans to help homeowners in the region.
Up to £15,000 can be borrowed to make repairs, adaptations or improvements to their properties with a subsidised loan at 4% interest.
District council housing chief Shane Pledger said: “People who own their homes which are in need of essential repair can struggle to know who to turn to when things go wrong.
“It can be reassuring to access financial assistance from their local council.
“Wessex Loans Advisers work closely with council staff to ensure the process runs smoothly and that any finance solution suits individual needs and means.”
Experts say the autumn is a good time to make home repairs before the winter weather sets in to ensure roofs are leak-free, heating systems are working efficiently, windows are draftfree and homes are safe and free from damp.
Other repair ideas include electrical and plumbing works and updating old kitchens and bathrooms which are over 15 years old and deemed unfit for purpose.
Finance is available from £1,000 up to £15,000 to be repaid over a maximum period of 15 years.There are no early repayment charges.
The scheme is designed to help homeowners on a low income or in receipt of benefits who are unable to afford the repairs or access finance elsewhere commercially.
For further information about the scheme, call South Somerset District Council on 01935-462462 or visit www.wrcic.org.uk
Comments are closed on this article.