People in Exeter who are interested in renovating their homes will be able to take advantage of low-cost loans to help make urgent improvements and install energy-efficiency measures.

Exeter City Council has teamed up with Lendology CIC, a social enterprise lender. Since the partnership began in 2008, over £1 million has been leant to homeowners across the city.

Lendology ensures access to responsible finance, assessing applicants based on their unique financial circumstances.

Lending council funding means that, once repaid, the capital can be lent to new residents repeatedly, ensuring a lasting cycle of home improvements.