Home appreciation loan (equity mortgage)

Home appreciation loans can help you to pay for repairs and other urgent work that affects your health and safety. The home appreciation loan is not a grant. It is an equity release loan which is secured against your property to enable you to live in a warm comfortable home and make essential repairs and improvements.

There are no repayments to make until you no longer live in or own your home. A surveyor will assess your needs and then help you with the application process.

The minimum loan amount is £2000 and the maximum amount is normally £30000.



To qualify for a loan you must normally be a homeowner and –

  • aged 18 or over
  • be on a low income or in receipt of certain benefits
  • unable to access a commercial loan
  • have a power or duty to carry out the works
  • there is enough equity in the property
  • live in the property     

For further details contact 01482 300 300