Low-interest loans

AHF loans are available as working capital to allow charities to purchase and/or finance the cost of the capital works. The recipient must have, or acquire, title or a long lease for the historic building to be repaired.

Amount
Loans are usually subject to a ceiling of £500,000 and security is required for every loan to protect the AHF's resources.

Interest rate
Interest on loans is charged at 4% simple (6% on loans for acquisition), payable at the end of the loan period.

Duration
The normal loan period is two years, or until the building is sold, whichever is earlier. The AHF will always consider allowing extra time, if this is requested before the loan falls due for payment, but the AHF does not offer long-term finance.

Security
Security can be offered in the form of a repayment guarantee from a bank, local authority or other acceptable institution, or as a first charge over any property (including that for which the loan is required) to which the borrower has a free and marketable title.

This is only a summary; for more details please refer to our guidance notes on loans. An application form is also available for download.

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