Home Improvement and Energy Efficiency Loans in Somerset

Since 2005, we’ve partnered with Somerset’s former district councils to provide essential funding for home repairs, improvements, and energy efficiency upgrades for homeowners in Somerset. The current fixed interest rate is 4%, set annually by the council. Everyone living in Somerset receives the same interest rate, ensuring consistent access to affordable financing, regardless of loan amount, term, or personal circumstances. Want to learn more?

Apply today

What we offer

With fixed interest, no early repayment charges and the option to make overpayments at any time, our flexible loan scheme can be tailored to suit your individual circumstances.

Apply for a decision in principle today.

Apply today

Borrow up to £20,000
Representative 4.2% APR
Fixed interest rate
No early repayment charges
Flexibility to make overpayments
Up to 15 year repayment period

Type of works

If you are a homeowner looking to finance repairs to your home, our home improvement loan could be the answer you have been looking for.

Apply for a decision in principle today.

Apply today

Home improvement
Energy efficiency
Renewables
Disabled facilities
Empty property
Park homes

Who can apply?

Our lending decisions are made by people, not computers.

Lendology work in partnership with local councils to lend to eligible homeowners. Each local council has its own policy for interest rates and types of works. To discuss your circumstances and eligibility.

Apply today

Homeowner
No upper age limit
Poor credit history
Retirees
In receipt of benefits
Employed & Self-employed

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.

Loan Calculator

Apply today

Your council

How much would you like to borrow?

Over what period of time?

The above example is for indication purposes only. Eligibility for all loans depends on your individual circumstances and your local council’s policy.

There are no early repayment charges. Interest is calculated daily and you can make overpayments at any time during your loan term.

Loans are subject to status and are typically protected by a Title Restriction against your property at the Land Registry. A Title Restriction means that you may not be able to sell your home without our permission unless the loan is fully repaid. 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.

Missing payments could affect your credit rating and ability to obtain credit in the future.

Interest rate

0%

Monthly payment

£0

Land registry fee

£20

Interest payable

£0

Total amount payable

£0

Working in partnership with Somerset Council

We have worked with the former District Councils in Somerset since 2005. In that time, we have lent to homeowners across Somerset to fund home repairs, home improvements and home energy efficiency measures. Lending Council funds ensures a recycling pot of capital, which is repaid and can be lent again. Lendology look forward to continuing to work with the newly formed Somerset Council to offer loans for home repairs and renewable energy loans, delivered for people, by people.

The interest rate is set annually by the council. The current interest rate for homeowners in Somerset is 4%. Everyone living in this area will receive the same interest rate, regardless of the loan amount, loan term or personal circumstances. The interest rate is fixed for the term of the loan.

Apply today

Home Improvement Loans

If you’re a homeowner in need of essential repairs for your property, our home improvement loan scheme could be the answer you’ve been looking for.

In Somerset, we can provide finance up to £20,000 for home improvements.

Apply today

Energy Efficiency Loans

Whether you’re interested in enhancing the energy efficiency of your property or minimizing your carbon footprint, our energy loan scheme could be the solution you’ve been searching for.

In Somerset, we can provide finance up to £20,000 towards your property’s energy efficiency.

Apply today

Renewable Energy Loans

If you are looking for funding for solar panels and battery storage, heat pump or other renewable energy measure for your home, a Lendology loan may be a good solution to support you with spreading the cost.

In Somerset, we provide finance of up to £20,000 for renewable energy.

Apply today

Disability Adaptation Loans

If you are receiving a Disabled Facilities Grant funded by Somerset Council and need to make a contribution towards the total adaptation cost, a Lendology loan may be available.

In Somerset, we provide finance of up to £20,000 to top-up your contribution.

Apply today

Bulk Buy Fuel Loans

To help spread the cost of bulk buying home heating for people living in off-gas homes, Somerset Council also offer a bulk buy fuel loan scheme.

Support in my local area

Energy advice

The Centre for Sustainable Energy is a charity supporting people across the UK to tackle the climate emergency and end the suffering caused by cold homes. Their energy advisors improve people’s mental and physical health by offering free advice to reduce energy bills and cut carbon emissions.

Somerset Retrofit Accelerator

Home Repair Agencies

Somerset Independence Plus provide advice and support with remaining independent in your home for as long as you choose. They can also support you with returning home after hospital.

Fire Safety Home Checks

Home safety visits | Devon and Somerset Fire and Rescue Service

Databases of Local Support Services and Groups

Somerset Community Connect is a platform to find useful information on community support and guidance to help you live independently.

Somerset Village Agents work across the county and are a vital resource connecting individuals with local support and knowledge.

Talking Cafes across Somerset, organised by Somerset Village Agents. An information cafe providing you with the advice and support you need in Somerset.

Somerset Energy Saver helps people in Somerset reduce their energy bills and learn more about what financial assistance is available here.

Other useful information

To find more support with the following, please visit our Useful Information page

Finding Contractors
Money Advice
Energy Advice
Support for People over 55
Future Planning and Probate
Planning Portal

Apply today, to discuss your circumstances and eligibility

Apply today

Subscribe to our newsletter

T: 01823 461099

Heatherton Park Studios
Bradford on Tone
Taunton, Somerset, TA4 1EU

loans@lendology.org.uk

Lendology CIC is a community interest company limited by guarantee, registered in England, company number 4512225.

Registered address: Heatherton Park Studios, Bradford on Tone, Taunton TA4 1EU. Lendology CIC is authorised and regulated by the Financial Conduct Authority (675263) for credit regulated activities.