Will the Minister provide a breakdown of the number of applications that have been submitted for an empty homes loan since 2016, and how many of these applications have been approved or rejected?
Loans are available to owner-occupiers and landlords to cover the cost of works which bring an empty property back into use, or to bring a property up to the standard of safe, warm and/or secure. Local authorities administer the loans. The breakdown of applications is as follows:
|
Number of applications received* (as at 24.03.2021) |
2,225 |
|
Number of applications approved (as at 24.03.2021) |
1,234 |
|
Number of applications rejected (as at 24.03.2021) |
665 |
*the difference between the number of applications received and the cumulative total of the number of approved and rejected applications represent applications that are currently being assessed or were withdrawn/not pursued by applicants