Liverpool City Council - FAQ

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 Home Improvement (Houseproud) Loans FAQ

If I don't want a loan but still wish to carry out improvements what can you offer me?

No problem.  If you prefer to finance the work out of your own savings or can raise the momey elsewhere, you can still use the Houseproud service without the option of a loan.  For example, the Houseproud Case Officer can also arrange for a reliable builder to help you, and ensure that the Council inspects the work to ensure that it has been satisfactorily carried out. 



What is the rate of interest chargeable on the service?

The mortgage interest rate will vary over time.  The formal offer will confirm the actual rate applicable when you take out the advance.  You will be notified when the interest rate varies.



How do I decide which loan will be best for me?

Because we want you to make the right choice, Houseproud offers the services of an independent qualified person FREE OF CHARGE.  Their written report will illustrate an approporiate option.

We would also urge you to discuss the options available with members of your family and, if necessary, your own legal or independent financial adviser.



I've heard worrying reports about other schemes. How can I be sure about this one?

Houseproud is backed by Liverpool City Council and our partners.  Our aim is to enable you to continue living safely and independently in your own home.



Do I risk losing my home?

Your home is NEVER at risk with Houseproud.  All loans have an absolute guarantee that your home will not be repossessed while you are living in it.



What size of loan can I have?

Your income and the value of your home are taken into consideration when deciding how much you can borrow.  Usually this ranges from £3000 up to 30% of the current value of your property.

We just need to make sure, for your own benefit, that if you choose a repayment loan, you can make the repayments without overstretching yourself.



I'm entitled to a Disabled Facilities Grant - can I still get a Houseproud loan?

Yss.  If you're entitled to a Disabled Facilities Grant, Houseproud can often help you meet any financial contribution you may be expected to make towards the cost of the work and/or to pay for extra work not covered by a grant.



What about age limits?

You must be aged 60 or over or have a disabled person in the household.

What kind of work can be done under Houseproud?

Here are some examples:-