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Finance: Loans and Grants

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Small grants and loans

Usually up to a maximum of £20,000 grant and £20,000 loan (interest free) are available from each Archdeaconry. More information is found here.

Large loans

Loans for sums up to about £200,000 may be applied for.  These are interest bearing (usually 2% above base rate) and typically need to be repaid over 5 years or less.  More information is available here.

For longer term loans e.g. for a mortgage on housing for assistant clergy, parishes are advised to approach other lenders who are familiar with churches and charities.  A list is available here.

Special grants

The Bishop of London’s Mission Fund currently awards grants for youth and children’s work.

Listed Places of Worship Grant Scheme

For information on reclaiming VAT on building work to listed places see here.

 

 

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