Grants and loans for landlords
Grants and loans available for landlords include: empty property grants, health and safety grants for houses in multiple occupation and Houseproud loans.
Empty property grants
Empty property grants are available for properties that have been vacant for longer than six months. A condition of the grant is that the property is then let to the council for five years, during which time there would be a guaranteed rental income.
For further details about Empty Property Grants contact the Empty Property Team on 020 7926 4247 or 020 7926 4444.
Health and safety grants for houses in multiple occupation (HMOs)
Any landlord of a property which is three storeys or taller, where there are five or more people sharing facilities and consist of two or more households, could be entitled to an HMO grant. The landlord must be the freeholder of the property or have a lease with at least five years remaining at the time of the application.
Houseproud loans
The Home Improvement Trust (HIT), have information on loans targeted at landlords to enable them to improve their properties. For more details on these products, please contact the Home Improvement Trust at:
Tel: 0115 934 9511
Address: The Home Improvement Trust, 7 Mansfield Road, Nottingham, NG1 3FB
How much are the grants for?
The grants are limited to a £1,000 contribution per dwelling and up to a maximum of £5,000 for any one property. The grant will be paid in full, on completion of the works and once the entire HMO meets the minimum safety requirements.
The grants are focused on works to make the property safe for the occupants of the building. This includes:
- fire precaution/fire prevention
- means of escape
- health and safety risks (identified by a council environmental health officer).
An application needs to be approved before any works are carried out. Landlords can apply for more than one grant, although priority will be given to those who have not received an HMO grant in the previous three years.
Other grants and loans
For information relating to other grants and loans, or if you are interested in finding out more about the grants and loans listed on this page please contact us directly.
Contact us
Tel: 020 7926 4444
Email: privatesectorhousing@lambeth.gov.uk