Housing Loans

If you are aged 16 or over and wish to purchase or build your own home, or if you already own a home and require improvements or repairs, you may be eligible to apply for an Orkney Islands Council Housing Loan.

This is a loan secured against your property. The amount advanced will depend on the property offered as security and the individual circumstances of the applicant(s).

For those who qualify, the Council may lend up to 90% of the property price or valuation, or up to three times the gross annual earned income, or a maximum of £191,000 per loan - whichever is the lowest.

In certain circumstances, an interest-only housing loan of up to £30,000 may also be available.

Further information on Housing Loans is available from the 'Related Downloads' section of this page.