Home Improvement Loans

Warm house - with scarf

Newport City Council can offer two types of interest-free loan: 

  • Landlord loans 

  • Owner occupier loans

All housing improvement loans are interest-free to enable the repair or improvement of single homes, the renovation of empty properties or the conversion of empty non-residential properties into one or more units of residential accommodation.

The maximum loan per self-contained flat or house is £25,000, up to a maximum £250,000 per borrower.

Loans are subject to the availability of funding.

Landlord loans

Interest free loans to help landlords with properties in the Newport City Council area to bring an empty property back into use or carry out improvements to tenanted homes. 

Loans are available from £1,000 to £25,000 per property, for up to 10 properties.

Maximum loan periods:

  • if you plan to sell the property after the works, the loan must be repaid when the property is sold or in any case within two years
  • if you plan to let the property following the works, or it is already occupied, the loan must be repaid within five years by half-yearly instalments

Download our Safe, Warm and Secure: landlords leaflet (pdf)

We cannot make a loan where the value, together with any existing mortgage, would come to more than 80% of the property's value before work is carried out.

If we have any doubt about this we will ask you to obtain a valuation report from a RICS registered chartered surveyor

Owner occupier loans

Interest free loans to help eligible homeowners in the Newport City Council area to carry out essential property improvements to make homes safe, warm and secure. 

This loan is available to eligible homeowners who will occupy the property when the work is completed.

Loans are available from £1,000 to £25,000, with a maximum loan period of five years.

Download our Safe, Warm and Secure: owner-occupiers leaflet (pdf)

We cannot make a loan where the value, together with any existing mortgage, would come to more than 80% of the property's value before work is carried out.

If we have any doubt about this we will ask you to obtain a valuation report from a RICS registered chartered surveyor

How to apply

Apply for a home improvement loan

Email housing.strategy@newport.gov.uk for more information or to request an application form or telephone the housing delivery manager on (01633) 233592.