Grant scheme aids homeowners on low incomes

HOMEOWNERS in West Somerset who need essential home improvements but who are on low incomes and/or benefits are being urged to apply for low-cost loans from a district council-backed scheme.
The scheme’s interest rate is fixed at three per cent, and monthly repayments are low and will not rise for the entire lifetime of the loan.
West Somerset Council’s health and well-being portfolio holder, Councillor Kate Kravis, said: “Homeowners of all ages can borrow up to £15,000 for essential home improvements, and all applications are treated in confidence.
“The cost of borrowing is far less than you will find from high street lenders and I cannot recommend the scheme highly enough.
“Projects we can consider include repairs to leaky roofs, replacing boilers and radiators, installing central heating, replacing rotten windows or doors, and updating bathrooms or kitchens over 20 years old.
“In fact, we will consider any improvements that help local homes meet the decent homes standard.”
Trustworthy, experienced advisers ensure that homeowners receive the right financial package for their circumstances.
Council environmental health manager Ian Timms said: “The adviser will support applicants throughout the whole application process and the council will inspect the work to make sure it has been completed to a good standard.
“We work with the Wessex Reinvestment Trust, who co-ordinate the scheme and remove as much of the worry as possible from applicants.
“We have invested funds to offer people this great opportunity to improve their homes, and we sincerely hope they will make use of it.”
For more information, contact Julie Payne at West Somerset Council on 01643 703704 or log on to the Wessex Home Improvement Loans website at www.wessexrt.co.uk.