Empty Property Landlord Loan
Loans are available to assist owners to carry out repairs or improvements to enable the property to be occupied. The loan will be available for owners who wish to sell or rent out the property. Loans can be used for work on residential properties or commercial buildings, which can include splitting a property into flats. Properties must be empty for a minimum of 6 months.
Empty property owners, charities, businesses and property developers can apply for an interest free loan. Applicants can apply for a loan up to £25,000 per unit, with a maximum of £250,000 per applicant. Loans will be repayable over 2 years if the property is sold, or 5 years if the property is let.
Empty Property Landlord Loan - Frequently Asked Questions