2 Sep

Government provides funding for empty homes

Government provides funding for empty homes

The government has teamed up with a number of other parties in order to offer a loan that will see empty homes across the country back into use, helping to meet the demand of the rental sector in particular.

The National Empty Homes Loan Fund (NEHLF) has been made available by a grant from central government amounting to £3 million. It will be administered through a partnership between charity Empty Homes, Ecology Building Society, central government and 39 participating local authorities.

It is hoped that some 710,000 long-term empty homes across the country will be brought back into use by owners who can apply for a loan of up to £15,000, offered on a five per cent fixed-rate basis.

Great British Property Scandal campaigner, architect and broadcaster George Clarke, said: "I care passionately about getting England's empty homes back into use for people who need them. This scheme provides real help to property owners to help achieve that." ADNFCR-1222-ID-801632244-ADNFCR

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