What You Need to Know About Homeowner Grants

Homeowner grants are given indiscriminately to anyone who fits the criteria and fills out the application form appropriately. These grants offer a huge wide range of help including adapting, repairing or improving your home, buying you a new home if that is the only way to improve your living conditions and rebuilding your current home if the work required is extensive. Homeowner grants are not limited to houses; instead they cover whatever a person may call home, including caravans and boats.

The rules and criteria attached to the homeowner grants depend on your local authority, as each one is allowed its own set of rules when awarding the grants. Most local authorities will not award a grant to people who have savings in a personal bank account over £10,000. They are also reluctant to award to people who have over a certain amount invested in stocks and shares, although this is not as rigid as the personal savings.  Before applying for one of the homeowner grants you should contact your local authority and ask for a copy of the regulations they have in place and the specific criteria they request a home to meet. Any terms and conditions should be offered to you in writing and not over the telephone.

In some cases you may be expected to pay towards some of the improvements yourself. This is usually if they deem your income sufficient to make contributions but not enough to pay for all the work needed outright.  You can apply for homeowner grants if you live in rented accommodation,although you will have to secure agreement from the property owner. It is also important to note that the property owner may be required to make contributions to the cost, if it is proven they will benefit from the work carried out more than the tenant.

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