Scheme for Homeowners funded by Torridge District Council

Published: 26 February 2024

Owning a property is an asset but it also comes with its fair share of expenses. From essential upgrades like roof repairs, new electrics, and boiler replacements to bathroom and kitchen renovations, the need for financing can be a significant challenge. You may even want to reduce your carbon emissions by installing solar panels and batteries or investing in other renewable energy measures.

Did you know that Torridge District Council offers a loan scheme ranging from £1,000 up to £20,000 with a 4% fixed interest rate, regardless of the amount you borrow or the loan term? This initiative aims to provide homeowners with accessible financing solutions for essential property improvements and renewable energy measures.

Torridge District Council works closely with Lendology CIC, who understand the challenges homeowners face when funding property repairs and adaptations. As a B Corp, social enterprise and council-funded lender, Lendology CIC disrupt traditional lending practices by providing accessible financing solutions with decisions made by people, for people.

Lendology CEO, Emma Lower, said: "As a social enterprise lender, we're committed to supporting rural communities. While we may not have a large marketing budget, we rely on word of mouth to ensure everyone can live in a home they're proud of."

With 15 years of experience working across Devon, we're experts in understanding the needs of homeowners. Don't wait any longer to address those persistent property issues. Apply now or find out more at or call us on 01823 461099 and take the first step towards a safer, more comfortable home.

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