Help is at hand for home repairs

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HELP is at hand for High Peak households that want to improve or repair their home but are struggling to find the money.

Buxton Town Hall and Glossop Municipal Buildings are to host exhibitions showcasing a string of affordable loans available through the Derbyshire Repairs and Home Improvement Partnership.

Starting in Buxton on Monday week (December 5) and moving to Glossop on Monday, January 9 next year, the display will highlight the many types of repairs, improvements and adaptations eligible for funding.

Visitors will learn that the main proviso of the Houseproud scheme is that the homeowner must be 55 or over, or have a disabled person in the household.

The scheme is administered by the Home Improvement Trust and supported by local authorities including High Peak Borough Council.

Anthony McKeown, executive councillor for community services, explained: “Our aim and that of our partners is to enable people to continue living safely and independently in their own home”.

The trust is a non-profit organisation working with councils and home improvement agencies including Derby-based Spirita, which supports home owners through both the loan application process and the process of arranging works and contractors in Derbyshire.

Loans range from £5,000 up to 55 per cent of the current value of the property. Packages include:

Capital and Interest Repayment Loan – a straightforward loan under which monthly repayments cover both the interest and capital borrowed.

Lifetime Interest-Only Loan – only the interest is paid. The capital is repaid when the property is no longer the main home and is sold.

Lifetime No-Service Loan – the loan only needs repaying when the property is no longer the main home and is sold.

The Buxton and Glossop exhibitions will be followed by displays in Chapel-en-le-Frith, New Mills and Whaley Bridge in venues to be announced.

To find out more about Houseproud, call Spirita on 0845 850 8013, e-mail beth.bailey@spirita.org.uk or write to Spirita Home Improvement Agency, Mason Place Business Park, Nottingham Road, Derby, DE21 6YZ.