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SarahBell

Empty Properties

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My local authority is skint. So they've decided to fill the 13M deficit they'll charge full council tax on empty properties. They estimate it'll bring in about £200,000.

Not a lot of money compared to their debt - BUT - they also bought the Roxy Cinema then bulldozed it and the Pennine Way Hotel - which is now empty. The price they bought them for isn't available as it's "commercially sensitive"

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My local authority is skint. So they've decided to fill the 13M deficit they'll charge full council tax on empty properties. They estimate it'll bring in about £200,000.

Not a lot of money compared to their debt - BUT - they also bought the Roxy Cinema then bulldozed it and the Pennine Way Hotel - which is now empty. The price they bought them for isn't available as it's "commercially sensitive"

Standard practice in most LAs,certainly the case for Notts and Derbyshire after six months of being empty. Concentrates the mind when you are trying to off-load empty property;you are not only losing a thousand a month in interest on the typical property either receivable once sold or payable if it is mortgaged, but to add insult to injury you are paying a thousand a year plus in council tax.

I was in the situation of off-loading a px property in 2005-2006 and I just wanted shut of the damn thing,since 2004 property only ever goes down in the East Midlands.Forget what the flipping-skewed indicies says ,I know what I could buy in 2004 and I know what I could buy now.

Edited by crashmonitor

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I am interested to establish the number of empty properties in each area across the UK. I'm sure Estate Agents would want to keep this information confidential... but I'm sure we can rely upon owners of empty houses to seek to minimise their council tax expenses.

£200K suggests less than 200 empty houses in your area.

I wonder if this includes houses which are ready to let, but have no tenants? I understand that there is a discount on vacant properties to let? Is there a way to find out the statistics? Historical trends would be useful too, I guess. Anyone know who I should approach?

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