Saturday, Nov 15, 2008
Keep hold of your pounds they may stretch further than you think!
The Telegraph: Nearly a million buy-to-let properties are standing empty
Almost 1m homes are standing empty across the United Kingdom, and the vast majority – more than four out of every five – are believed to be owned by private landlords.
An empty home could just as easily be a rundown terrace house in an urban back street as a luxury newbuild apartment in a city centre filled with identical blocks. It might be empty because a glut of rental property means no tenants, or because vandalism, or simple disrepair, has made it unlettable.
Posted by cheekie charlie @ 11:35 AM (312 views) Add Comment
1 Comment
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1. uncle tom said...
Take away the carrots and bring out the sticks - no council tax holiday when properties are empty, and a 100% surcharge if they are empty for six months or more, rising to 200% if the property is deemed to be unihabitable. Renovate or demolish and clean up the site - no exceptions.
Occupied second homes should also be subject to a 50% council tax surcharge.
- And simplify the EHMO system so it actually works, placing the onus of proof on the freeholder, and not the local authority.