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Low-cost flood loans offered

By Western Daily Press  |  Posted: March 07, 2014

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South Somerset District Council, in partnership with Wessex Homes Loans, have agreed to provide low interest borrowing of up to £15,000 to homeowners whose properties have been flooded or subjected to severe storm damage.

Councillor Ric Pallister has agreed, under delegated powers, to provide the loans to people on low incomes in South Somerset whose homes have been affected by flooding and are not able to cover the cost of repair under their insurance policies. The loans will also be available to pay for works to prevent future flooding.

Councillor Pallister said: "Recovering from the disastrous floods that have affected Somerset is a high priority for everyone involved and most important are the people most affected by their properties being flooded."

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