PLEASE READ BEFORE POSTING

Hello Forumites! In order to help keep the Forum a useful, safe and friendly place for our users, discussions around non-MoneySaving matters are not permitted per the Forum rules. While we understand that mentioning house prices may sometimes be relevant to a user's specific MoneySaving situation, we ask that you please avoid veering into broad, general debates about the market, the economy and politics, as these can unfortunately lead to abusive or hateful behaviour. Threads that are found to have derailed into wider discussions may be removed. Users who repeatedly disregard this may have their Forum account banned. Please also avoid posting personally identifiable information, including links to your own online property listing which may reveal your address. Thank you for your understanding.

Building Development Grants

AlphaCentauri
AlphaCentauri Posts: 23 Forumite
in House buying, renting & selling
Hi, I'm looking at buying a property where the condition has been described as:
"is in need of further development and services."

It's a barn in a remote area. I was wondering if there are any council or government grants that can be applied for to help develop the property.

Comments

  • Doozergirl
    Doozergirl Posts: 33,805 Forumite
    Name Dropper Photogenic First Anniversary First Post
    Er, yeah. No there are not.
    Everything that is supposed to be in heaven is already here on earth.
  • buggy_boy
    buggy_boy Posts: 657 Forumite
    I doubt it unless its of some sort of historic value... You generally buy the property at a reduced price because of the work that needs doing... Banks will offer mortgages based on money being given to you as the work proceeds.
  • thmaga
    thmaga Posts: 49 Forumite
    It depends, we have some schemes in South Wales for bringing empty properties back in to use, or for making improvements to energy inefficient homes.

    Some are grants, some loans and all have different criteria/means test etc.

    Its probably unlikely there will be something for a remote proeprty like that though.

    Given how much this varies across the country you would be better placed calling up your local council than asking here really.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.1K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.2K Work, Benefits & Business
  • 607.9K Mortgages, Homes & Bills
  • 173K Life & Family
  • 247.8K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards