The Empty Homes Loan Fund can provide interest free loans to owners of private properties. The loan is to be used for renovation work to bring their empty properties back into use. There are two options available for the loan fund, a loan-to-let and a loan-to-sell.

What is the Empty Homes Loan Fund?

The Empty Homes Loan Fund is an interest free loan of up to £10,000 to renovate properties that have been empty for six months or more. To be eligible, the property must fail one of the repairing standards.Once the property is renovated, you have the option of loan-to-sell or loan-to-let.

What are the benefits?

  • You will be able to make improvements to your property without having to wait until you save up the money.
  • Your property will increase in value.
  • If you take out the loan-to-let you will be guaranteed an income for 5 years through letting the property to us for our Private Sector Leasing Scheme.


Once renovated, the property will be sold on the open market. The selling price can be no higher than the relevant thresholds set in the Scottish Government's Open Market Shared Equity Scheme. You must repay the loan immediately following the sale.

How to apply

To apply for the Empty Homes Loan Fund, please contact us:

Empty Homes Loan Fund
Suite 1, The Forum
Callendar Business Park
01324 590802

We will then arrange an inspection of the property. An application will only be accepted if the property fails to meet one of the repairing standards.