Mid Devon District Council's new affordable finance schemes for eligible First Time Buyers and Landlords!
By wessexhil | Tuesday, February 19, 2013, 12:53
Mid Devon District Council, in partnership with Wessex Home
Wessex Home Improvement Loans
Improvement Loans, has two new loan schemes to assist Mid Devon
residents. Maximum interest rates are 4% (typical 4.2% APR).
The First Time Buyer Deposit loan scheme (up to £15,000
available) may be able to provide necessary finance to help towards deposits or
essential repairs to first homes.
Eligibility criteria applies, including:
1. The house must be in the Mid Devon District
· 2. The house must not have been lived in for six
months or more
· 3. Applicants must be able to evidence some savings
towards a deposit
· 4. Applicants must have lived in Mid Devon for at
least 3 years.
The Empty Homes/Loans to Landlords loan schemes (up to
£30,000 available) aims to assist landlords with rented homes (or homes
intended for renting) to make essential repairs or improvements to their
For further information, including detailed eligibility
criteria, please call Mid Devon District Council on 01884 244601.
Wessex Home Improvement Loans is a social enterprise working
in partnership with 19 Local Authorities across the South West. For further information, please visit www.wrcic.org.uk.