New Local Authority Purchase and Renovation Loan

The new Local Authority Purchase and Renovation Loan (LAPR) can help you to buy and renovate a derelict or non-habitable home. 🏠 💸

To apply, you must first qualify for the Vacant Property Refurbishment Grant (see video below) and be unable to get funding from a bank or commercial lenders.

The LAPR loan has 2 parts:

• A variable rate bridging loan for the amount you’ve been approved for under the Vacant Property Refurbishment Grant. You pay the bridging loan back as soon as you get the grant.
• A fixed rate mortgage loan

Find out more about the 👉 Local Authority Purchase and Renovation Loan (LAPR)

Find out more about the Vacant Property Refurbishment Grant in the video below.