Tuesday, September 02, 2008

Home improvements loan for over 60s

This article appeared on the Maidenhead Advertiser website.

The over 60s are being offered home improvement loans by the borough to keep people comfortable and secure in their homes.

The scheme, being introduced by the Royal Borough and 17 other local authorities across Berkshire, Buckinghamshire, Oxfordshire and Surrey, provides loans to the over 60s to improve the warmth, comvort or security of their homes.

This could include work to central heating, improving insulation, installing a stairlift or essential repairs, among others.

Cllr Alison Knight, the borough's cabinet member for planning and housing, said: "We have created a loan to help residents remain in a well-maintained home during their retirement – and have peace of mind – while paying off as little or as much of the loan as they like each month.

"It is important to us that the loan is equal or superior to products available from other lenders in terms of interest rates, charges, efficiency and especially flexibility."

For further information on the scheme, call 01628 683820.

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