Landlord loans are available to help landlords make their properties safe. The loans can be used to help fix any problems in a rented property that have been identified as a Category 1 or Category 2 hazard under the Housing Health and Safety Rating System (HHSRS). In practice this means that the loan can be used to address most issues in a property that could affect the occupants health, safety or welfare.
Landlords meeting the eligibility criteria can apply for a loan of up to a maximum of £10,000. The loan can be paid back monthly over a 5 year period and is subject to a low interest rate. Alternatively any outstanding balance can be paid back in full during the loan period.
Am I eligible to apply for this loan?
- You must be the owner of a property that is currently tenanted.
- There must be sufficient equity in the property to cover the cost of the loan
- We will inspect your property and must identify hazards which would be categorised as either a category 1 or 2 under the HHSRS
- The loan must be used towards the remediation of Category 1 or Category 2 hazards.
How do I apply?
For more information about this loan and details on how to apply please contact the Private Sector Housing Team.
Read more information on private sector housing regeneration policy.