Starting in 2003, we created a partnership with ten local councils to provide loans to eligible homeowners to fund essential home repairs, improvements or adaptations. This was when the central government was encouraging local councils to create sustainable schemes for homeowners and reduce the reliance on grant funding.
Our home improvement loans were created to provide a sustainable solution to enable homeowners to access financial help to repair their homes. In 2008, ten more local councils joined the scheme meaning we now deliver home improvement loans across Devon, Somerset, West of England, Dorset and Wiltshire.
The scope of the scheme has been developed in line with individual council housing policies. We have created a range of loan schemes to cater to the needs of varying audiences including homeowners, park homeowners, landlords, empty property owners and first-time buyers.
Our aims are for a sustainable future where homeowners can access responsible finance to improve their home and their life. To date, over £8.7 million has been recycled for the benefit of future clients.
In 2012, we registered as a Community Interest Company (CIC) which reflects our ethos and the benefit we want to bring to the communities we serve.