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Funding boost will help "stop the rot" of empty homes
The funding will bring thousands of additional empty homes back into use across England.
The minister pledged to “stop the rot” that empty homes can bring to blighted neighbourhoods and said that he “wants to go much further” in tackling the problem.
Under the scheme 5,000 empty, and in many cases derelict, properties will be refurbished and put back onto the market over the next 3 years.
Latest figures show the number of empty homes dropped from 300,000 in 2009 to 259,000 in 2012, and today’s new funding is in addition to the £160 million ministers have already committed to bringing empty homes back into use. The government has also given councils greater powers to tackle empty homes locally including:
- allowing councils to charge up to 150% of the normal Council Tax rate on owners of the most problematic neglected homes from April 2013
- applying the ‘New Homes Bonus’ to empty homes, with government matching Council Tax proceeds from newly inhabited properties pound for pound, doubling councils’ revenue from these
- in the most severe cases, enabling councils to take over the most problematic neglected homes through the use of Empty Dwelling Management Orders
For more information
www.publicfinance.co.uk/news/
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