The Restore is a discretionary grant to assist with the cost of bringing a long-term empty property back into use as an affordable rented dwelling. In return grant aid conditions will apply.
The property must be a dwelling (bungalow, house, flat) and has to have been empty and unoccupied for at least 6 months.
- Minor repairs
- Garden clearance
- Minor improvements
- Energy Efficiency works to ensure the property meets the Minimum Energy Efficiency Standard
- Works to ensure the property meets the Decent Home Standard
The type and level of financial support
Assistance provided by way of a grant (subject to conditions) up to a value of £10,000 (including all fees and VAT at the prevailing rate).
In return for the investment of public funds the property must be let for a minimum of 24 months at an affordable rent to a customer on our housing waiting list.
A land charge will be registered for the grant.
If the applicant disposes of the property within 5 years, such part of the grant that exceeds £5,000 shall be re-payable in full up to a maximum of £10,000
If the applicant disposes of the property within 6-10 years, the grant amount re-payable shall depreciate by 20% per year.
How do I apply?
You will need to complete our online enquiry form.
Other grants available:
Last updated: 05/07/2021 10:23:44