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West Oxfordshire launched a loan program to fix vacant homes and combat housing shortages.
West Oxfordshire District Council has launched the Empty Homes Loan Scheme, offering low-interest loans to homeowners with properties vacant for two years or more.
Partnering with social lender Lendology CIC, the program funds essential repairs like roofing, plumbing, heating, and insulation to make homes safe and livable.
Loans are based on individual circumstances and repayment ability, not credit scores, and require work by qualified professionals.
The initiative aims to reduce housing shortages, improve community appearance, and support climate goals by upgrading existing buildings.
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West Oxfordshire lanzó un programa de préstamos para arreglar casas desocupadas y combatir la escasez de viviendas.