Owners of empty homes in Cornwall can now apply for a council-backed loan to help renovate and restore properties, bringing much needed homes back into use.
With Cornwall continuing to experience extreme pressures on housing, the Empty Home Loan, delivered in partnership with Lendology CIC, is part of the council’s wider strategy to tackle the issue.
Property owners can apply for a loan to fund renovation and restoration projects, enabling them to then sell, rent out or move in.
Peter La Broy, Cornwall Council cabinet member for housing, said:
“There are currently around 3,200 empty properties in Cornwall – around 1.2% of the county’s total housing stock. At a time when we know many residents are in need of a home, empty properties are a wasted resource.
“This new loan scheme takes into account each applicant’s individual circumstances and offers repayment options based on a fixed-rate loan term. It provides a more flexible way for property owners to fund the works needed to bring empty homes back into use.”
Lendology CIC is a not-for-profit organisation which has been appointed to manage and deliver the loans on behalf of Cornwall Council. The organisation works with several other local authorities to deliver similar schemes across the south west.
Emma Lower, CEO of Lendology CIC, Said
“We’ve seen first hand how transforming empty homes can breathe new life into communities. We are delighted to extend our partnership with Cornwall Council, meaning we can help property owners turn unused houses into warm and welcoming homes.”
Find out more about the Empty Home Loan
Cornwall Council and Lendology CIC will be hosting a free webinar on Wednesday, November 19 to answer questions on the loan scheme, eligibility and how to apply. Find out more: ️Bring Empty Homes Back to Life Tickets, Wed 19 Nov 2025 at 13:00 | Eventbrite
The council’s Empty Homes Team offers advice and assistance to owners. Residents can also report empty properties to the team.
For more information visit Empty properties – Cornwall Council
We recommend that you carry out an independent retrofit assessment to find out which works are suitable for your home and budget.
Representative Example (4% fixed interest rate, Representative 4.2% APR).
Loans are subject to status and are typically protected by a Title Restriction.
Borrow £5,000 over 60 months, £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction against your property at the Land Registry. The £20.00 fee is only payable if a loan is agreed by Lendology and you decide to proceed with a loan. We do not charge interest on the fee. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC. Missing payments could affect your credit rating and ability to obtain credit in the future.
