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Cornwall Counci-Compulsory Purchase Order Threat To Tackle Empty Homes

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A council with one of the biggest housing shortages in the country is threatening to use compulsory purchase orders against the owners of homes that have been left empty for six months or more.

Cornwall council says 3,597 flats and houses in the county have been empty for at least six months – some for many years – and has allocated £2m to spend on persuading owners to bring the them back into use. This does not include the holiday homes that make up 10% of the county's housing stock.

Guardian link for full story.

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Sorry Mods if already posted.

Guardian link for full story.

Nothing story IMPO. Some Welsh councils did similar and it only ended up with landlords getting our money to do up their properties so that people on benefits could live in better conditions.

Yes, people deserve decent homes but I think the money should be spent on social housing and not on private landlords.

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Nothing story IMPO. Some Welsh councils did similar and it only ended up with landlords getting our money to do up their properties so that people on benefits could live in better conditions.

Yes, people deserve decent homes but I think the money should be spent on social housing and not on private landlords.

+ if the houses were empty anyway the LLs weren't getting anything.

At the very least they should pay back from the rent any grants they've been given to do the houses up, plus interest.

But that is far too much like basic common sense for any council to implement it.

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The council is also offering interest-free loans of up to £20,000 to local first-time buyers who purchase long-term unoccupied homes. It cannot be put towards a deposit, but is made available after completion of the purchase for buyers to undertake renovation work.

However, the council admits this is a scheme that may have minimal impact because few mortgage companies are willing to lend to buyers of homes that have been left empty for six months or more – even with the promise of an additional loan to improve them.

Looks like a freebie for the BTL crowd, buying in the wife's name only.

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The council is also offering interest-free loans of up to £20,000 to local first-time buyers who purchase long-term unoccupied homes. It cannot be put towards a deposit, but is made available after completion of the purchase for buyers to undertake renovation work.

However, the council admits this is a scheme that may have minimal impact because few mortgage companies are willing to lend to buyers of homes that have been left empty for six months or more – even with the promise of an additional loan to improve them.

Looks like a freebie for the BTL crowd, buying in the wife's name only.

Interesting.

£20k would indeed be a useful contribution to tarting a place up to live in. Not to mention the up-front cost of solar panels, ...

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Some owners might be glad of a CPO. They'd get paid full market value for a property they can't shift. ;)

However, I doubt the council has the cash to CPO more than a two or three houses. Finding a million out of an LA's budget is practically impossible, even if they get half a billion a year.

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  • 284 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



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