Mr L approached Lendology for an Empty Property Loan funded by Bath & North East Somerset Council to help restore his empty property. The property had been empty for over a year and meant that valuable housing was unavailable.
Through our loan scheme, we played a pivotal role in revitalising Mr. L’s property. Following the renovation, the property is now a home for Ukrainian refugees.
Mr L said: “From early discussions to completion of the Loan, Ellie and her team at Lendology where hugely professional, helpful and supportive. Their ability within their field gave me huge confidence to continue with the area of delivery I was mainly responsible for which made life very easy. I had boxes I needed to tick, which they made clean, and on completion of the property, the Loan was sent over so elements of the work could be settled efficiently. The collaboration, Loan and support on this project ensured that we could transact on the acquisition, develop it out and get it back into the system for a lovely family to be housed. I’m looking forward to further collaborations and work with Ellie moving forward and thank them for their support on this one.
Through our collaboration with local councils, Lendology contributes to enhancing neighbourhoods. Get in touch to find out more about our Empty Property Loans, specifically designed for vacant properties and supported by local councils.
Missing payments could affect your credit rating and ability to obtain credit in the future.
Loans are typically protected by a Title Restriction. This means that you may not be able to sell your property without our permission unless the loan is fully repaid.