Ready to go? Click on the button below and we’ll send you an application form and guidance.
Do you have any questions? Call 01686 626234 or enter your details below and we’ll call you back during office hours.
At 0% APR, the cost of a loan for repairs, improvements or renewables could never be cheaper! Working with Powys council, we are helping householders and landlords make home life more comfortable, fuel bills more affordable and improvements more attainable.
Before you complete your application we can also offer a dedicated energy advice service available through the Welsh Government funded Resource Efficient Wales (REW) programme, offering free, bespoke & impartial advice from Severn Wye Energy Agency.
Our loans are easy to apply for and we can help you at any stage during the process if you need it. Call us now for a 0% APR loan, or to ask for a call back from a friendly energy advisor.
Fill out the form at the top of this page.
Your application will be reviewed for approval.
The money will be paid into your bank account.
Repay the loan over flexible payment terms.
The ZILF uses funds that have been invested in Robert Owen Community Banking by Powys County Council and the Welsh Government. Robert Owen Community Banking administers the funds, in association with the local credit union network.
You can borrow up to £5000.00 interest free, per installation over a maximum period of 60 months. You may apply for more than one installation per property on renewable energy installations and/or one home repair or improvement to make your home safer, more secure or more habitable.
Some biomass installations may qualify for up to £10,000.00 dependent on their size and at the loan assessors’ discretion. (Please call us on 01686 626234 for clarification).
The Government backed Green Deal scheme ended in 2015. The ZILF works out less expensive than the Green Deal, thanks to:
The ZILF has been designed to be as simple and straightforward as possible.
Welsh Government fund the home improvement and repairs side of the fund, with works including (but not limited to):
Please contact us to find out whether or not the fund will cover the works required at your home.
You can apply for an additional loan through your credit union if you need to add to your ZILF loan.
For example, a biomass installation might cost £14,000 and you only have £3000 in savings. You might then be able to borrow £10,000 out of the ZILF fund, and £1,000 through a new credit union account.
Your personal credit union loan would be charged at a commercial rate of interest, although this would still be very good value.
If this is the case, let us know and we will put you in contact with your local credit union about a potential further loan. (Always shop around when looking for finance, for the best rates available.)
No, a ZILF loan is a personal loan to you.
Powys County Council will take out a Land Charge against your property for the duration of the loan. This will merely notify them if your property is sold. You (and any other owners of the property) must agree to this condition.
Yes. You will normally be expected to pay up in full out of the proceedings of any sale.
If you can answer yes to all the questions below, then you may be eligible to apply for a ZILF loan:
Before applying you must first get a quote from a MCS or HETAS accredited installer.
Contact us to request an application pack, you’ll need to get some documents such as proof of income and bank statements together, then you will have up to four weeks to return your application to us. Our partners at the local credit union will assist with the assessment.
It takes up to 14 working days for us to then send you a loan offer. You have a ten day “cooling off” period after we’ve received your signed loan agreement, just in case you change your mind.
Robert Owen Community Banking is a responsible lender. We will work with you to ensure that any loan you take out is affordable to you.
If you get a loan and your circumstances change, we will look at how we can reschedule your loan to help you. This would be free of charge.
The money that you will be borrowing originates from public funds. Where loans are persistently in default, we will take legal proceedings to ensure that all outstanding monies are returned.
Home Improvement Loan
Borrow up to £10,000
Fixed 0% APR
1 – 5 Year Repayment
No Early Repayment Fee
Home Improvement Funding