Home Appreciation Loan (equity mortgage)

Home appreciation loans can help you to pay for essential 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 £2,000 and the maximum amount is normally £30,000.


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 more information on how to apply contact us by one of the following -

Telephone - 01482 300 300

Email - Private.Housing@hullcc.gov.uk

HS-Private Housing Section
Hull City Council

The Home Appreciation Loan Leaflet.

If you are not eligible for a Home Appreciation Loan you may be eligible for the Homecheque Scheme.