Loans available to help redevelop homes and empty properties in Wrexham

Residents looking to redevelop homes or bring empty properties back into use are being invited by Wrexham Council to apply for a loan scheme.

Through partnership with the Welsh Government, the council can make loans of up to £25,000 per self-contained unit available to those looking to redevelop their properties.

The loans are available to any owner occupiers – there’s no special criteria you or your property has to satisfy; though council officers will need to speak to you first to make sure you’re eligible.

The loan scheme is available throughout the county borough, with more funds available for properties in Wrexham town centre.

Some of the properties updated and brought back into use through loan schemes include a recent successful partnership between the council and local property developer and war veteran Shaun Stocker, which lead to the demolition and rebuilding of a former “eyesore” building in the town centre.

As well as making use of the loans, Wrexham Council says it also wants people to let them know of any long-term empty properties in your communities.

Cllr David Griffiths, Lead Member for Housing, said: “We know there are lots of people out there who might be keen to improve or update their property, either for resale or just general improvement.

“While applicants will have to be eligible in order to receive the loan, there is no especial criteria and we’re keen to hear from anyone who is looking to redevelop a privately owned property.

“We also know that empty buildings are an especial concern for residents, especially for those who live in areas of the town centre, and reporting them to us can often be the first step towards their eventual redevelopment.

“In some cases, reports have led to buildings which would otherwise have escaped our attention being redeveloped and brought back into good use.”

If you’re interested in seeing whether or not you’re eligible for the loan scheme, or if you want to report an empty property, get in touch with the team.