Ryedale District Council

You are here: Home Residents Housing Private housing Private landlord improvement loans and grants

Private landlord improvement loans and grants

Landlord Grants and Loans are discretionary forms of assistance designed to provide practical help by means of a grant for renovation/repair work to ensure the property complies with the Decent Homes Standard and for the installation of fire precautions or the provision of the required amenities.

These grants have been designed to provide practical help to renovate and improve empty properties and Houses in Multiple Occupation, to ensure that properties are habitable and rendered fit for occupation.

 

Landlord Grants are discretionary forms of assistance designed to provide practical help by means of a grant for renovation/repair work to ensure the property complies with the Decent Homes Standard and for the installation of fire precautions or the provision of the required amenities.

These grants have been designed to provide practical help to renovate and improve empty properties and Houses in Multiple Occupation, to ensure that properties are habitable and rendered fit for occupation.

Who can apply?

  • Owners of empty properties and Houses in Multiple Occupation
  • Be over 18
  • Have an owners interest in the property
  • Have a duty/power to carry out the works
  • Properties must be over 10 years old
  • In the case of an empty property, it needs to have been empty for 6 months or more.

What aid is available?

Grant assistance will be available at a rate of 50% of the cost of eligible works, subject to a maximum grant of £15,000.

If the applicant can prove that the property has been empty for 2 years or more then the VAT is calculated at 5% of the cost of the works.

What types of work are covered?

  • Undertaking any necessary repairs and improvements
  • Provision of fire precautions
  • Have reasonable and sufficient modern facilities
  • Energy efficiency measures

Are there conditions?

The applicant will be required to enter into a five year agreement with the Council which requires that:

  • The property will be available for rent for the 5 year agreement period at an affordable level;
  • The Council is given 100% tenancy nomination rights for the 5 year agreement period.
  • A local land charge is place on the property for 5 years or until full repayment
  • An administration fee of 7.5% Fee will be charged and included in the grant.

Will a survey be required?

As part of the grant, Council Officers will undertake a survey of the property and provide the applicant with a list of works, which it will be necessary to carry out in order to qualify for the grant.

Is the grant repayable?

If the owner sells the property within the 5 year period, the owner will be required to repay the grant monies to the Council in full.

What happens after 5 years?

Five years is the period for which the grant conditions apply. At the end of this time the nomination rights revert to the applicant and there are no longer any applicable conditions.

There are limited finances available for assistance each year, and all enquiries are dealt with in date order.

Please note that you will not normally receive any assistance if you start work before the Council approves your application.

You should also make sure that you separately secure any planning or building regulation approvals that may be required.

For further information please submit an Enquiry Form.

 

Landlord Loans are discretionary forms of assistance designed to provide practical help by means of a loan for renovation/repair work to ensure the property complies with the Decent Homes Standard and for the installation of fire precautions or the provision of the required amenities.

These loans have been designed to provide practical help to renovate and improve empty properties and Houses in Multiple Occupation, to ensure that properties are habitable and rendered fit for occupation.

Who can apply?

  • Owners of empty properties and Houses in Multiple Occupation
  • Be over 18
  • Have an owners interest in the property
  • Have a duty/power to carry out the works
  • Properties must be over 10 years old.
  • An empty property needs to have been empty for 6 months or more.

What aid is available?

The loan assistance will be available at a rate of 100% of the cost of eligible works, subject to a maximum loan of £15,000.

If the applicant can prove that the property has been empty for 2 years or more then the VAT is calculated at 5% of the cost of the works.

What types of work are covered?

  • Undertaking any necessary repairs & improvements
  • Provision of fire precautions
  • Have reasonable and sufficient modern facilities
  • Energy efficiency measures

Are there conditions?

The applicant will be required to enter into a five year agreement with the Council, which requires that

  • The property will be available for rent for the 5 year agreement period to an eligible occupier
  • The loan to be repaid in full within 5 years or sooner should the applicant wish.
  • A local land charge is place on the property for 5 years or until full repayment
  • An administration fee of 7.5% fee will be charged and included in the loan.

Will a survey be required?

As part of the loan, Council Officers will undertake a survey of the property and provide the applicant with a list of works which it will be necessary to carry out in order to qualify for the loan.

Is the loan repayable?

If the owner sells the property within the 5 year period, the owner will be required to repay the loans monies to the Council in full.

What happens after 5 years?

Five years is the period for which the loan conditions apply. At the end of this time and once the loan is repaid in full, there are no longer any applicable conditions.

There are limited finances available for assistance each year, and all enquiries are dealt with in date order.

Please note that you will not normally receive any assistance if you start work before the Council approves your application.

You should also make sure that you separately secure any planning or building regulation approvals that may be required.

For further information please submit an Enquiry Form.

 

 

Contact us

Ryedale District Council
Ryedale House, Old Malton Road
Malton, North Yorkshire
YO17 7HH

Find our main offices by map

Site information

Connect with us

You are here: Home Residents Housing Private housing Private landlord improvement loans and grants