Empty homes fund set to of­fer loans

Yorkshire Post - Property - - PROPERTY -

A NEW scheme aimed at bring­ing some of Eng­land’s 710,000 empty homes back into use was launched this week.

In a joint ini­tia­tive be­tween the Empty Homes char­ity, York­shire­based Ecol­ogy Build­ing So­ci­ety, Govern­ment and lo­cal au­thor­i­ties, it will pro­vide loans of up to £15,000 to own­ers of empty homes to help bring them back into af­ford­able use. The fund was one of the de­mands of last year’s Great Bri­tish Prop­erty Scan­dal cam­paign led by ar­chi­tect and broad­caster Ge­orge Clarke.

The National Empty Homes Loan Fund of­fers se­cured loans at a fixed five per cent in­ter­est rate, and will en­able own­ers to ren­o­vate the prop­erty to De­cent Homes stan­dard ready for let www.emp­ty­homes.com

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