Lifetime loans

These are lump sum loans available to support homeowners who fail the criteria for Owner Occupier Loans.

Who can apply?

The loans may be available to homeowners in the Caerphilly county borough who have failed the criteria for Owner Occupier Loans but are not eligible for other financial assistance schemes. 

The loans will be given for improvements to make homes safe, warm and secure and to address hazards identified within the housing health and safety rating system.

How much could I borrow?

Loans are available up to £25,000. 

A Lifetime Loan is a lump sum loan where any interest that may be payable is rolled up over the full term.  The loan is then repayable upon sale or disposal of the property.

How to apply

Due to matters relating to the pandemic, the Council has decided to temporarily suspend the taking of new enquiries for home repair grants and new enquiries for all housing loan products from 22nd October 2020.  Please note that any emergency requests will still be considered. The situation will be reviewed regularly by housing management and the systems will be reinstated at the earliest opportunity.