In this guest blog Ellie Lister, Service Delivery Manager for Lendology CIC, discusses why Spring is the perfect time to think about roof repairs
If you are a homeowner, you will know that your roof is an integral part of keeping your home protected from the elements. A sound roof, guttering and fascia boarding will ensure your home stays dry, and prevent internal water damage to ceilings and walls. Spring is the perfect time to assess any damage that may have occurred over the winter and think about the repair needs and costings now the weather is dryer.
We know that regular roof and guttering maintenance is not at the top of anyone’s to-do list, but it is critical to ensuring your home remains dry and effectively shields the rain. If you’ve been putting off repairing your leaky roof or replacing structural roof damage, Lendology CIC and We Care Home Improvements may be able to help.
Funded by Bristol City Council, Lendology CIC support eligible homeowners with funding essential home repairs via the council’s subsidised loan scheme. As an additional incentive, Bristol City Council are currently offering successful loan applicants up to £1,000 towards the cost of works.
Roof repairs and replacements can vary in cost depending on the complexity and size of the job, with the approximate cost of roof replacement being around £5,500. If you’re successful in applying for a home improvement loan, Bristol City Council’s loan leverage grant will reduce the cost of works by £1,000*. There are a range of repayment types and terms, and our team of expert advisers will work with you to find a loan solution that suits your needs and means.
We Care Home Improvements, a local not-for-profit home improvement agency, are also able to support you to manage the entire project from start to finish from engaging contractors. This can be invaluable for people who are unsure where to find a suitable contractor and want support with the project.
For an informal chat about the loan scheme and eligibility, call Lendology on 01823 461099, email loans@lendology.org.uk or visit www.lendology.org.uk
For more information on the services provided by We Care Home Improvements, call 0300 323 0700 or visit www.wecr.org.uk
*Subject to eligibility. **A maximum reduction of £1,000 from an approved loan over £2,000. For loans £2,000 or less, the reduction will be 50% of the loan value. Budget is limited and will be awarded on a first come, first served basis. Typical Example (4% fixed interest rate, Typical 4.2% APR). Borrow £5,000 over 60 months. £92.08 monthly repayments. Total amount repayable = £5,544.96, including £20 fee for registering the Title Restriction. Missing payments could affect your credit rating and ability to obtain credit in the future. Loans are subject to status and are typically protected by a Title Restriction. This means that you may not be able to sell your home without our permission unless the loan is fully repaid. This is a financial promotion approved by Lendology CIC. Lendology CIC is a trading name of Wessex Resolutions C.I.C.: a community interest company limited by guarantee, registered in England, company number 4512225. Registered address: Heatherton Park Studios, Bradford on Tone, Taunton TA4 1EU. Wessex Resolutions C.I.C is authorised and regulated by the Financial Conduct Authority (675263) for credit regulated activities.
