Latest news with #emptyhomes
Yahoo
3 days ago
- Business
- Yahoo
More houses may be compulsorily purchased in city
Two more empty houses could be compulsorily purchased by City of Wolverhampton Council, as part of its scheme to turn long-term unoccupied properties into family homes. The homes on Warstones Drive and Hadley Road have been vacant for a number of years, and the authority's cabinet is being asked to approve the potential purchases at a meeting on Wednesday. In March, the authority said it had taken over more than 300 homes over five years to be sold or rented, many of which had been empty for many years. The council buys the properties and refurbishes them, before selling them on and putting the money back into the scheme. Both of the latest properties are semi-detached, with the one on Hadley Road being empty since August 2018 and the house on Warstones Drive vacant since January 2021. Before considering compulsory purchase, housing improvement officers work with owners to encourage them to carry out any required work and get them occupied again, the council said. Through the strategy, the authority stated it wanted to prevent properties becoming "a blight on their neighbourhood" and make them available to be sold or rented. Follow BBC Wolverhampton & Black Country on BBC Sounds, Facebook, X and Instagram. Hundreds of empty homes put back in use Taskforce launched to regenerate vacant properties Fly-tipping may force sale of empty home Council could force purchase of empty home City of Wolverhampton Council
Daily Mail
20-05-2025
- Business
- Daily Mail
How that empty house next door could knock £50,000 off the value of YOUR home
Living next door to a run-down, empty house could knock more than £50,000 off the value of the average home – but there are steps you can take to protect your property's price tag. Almost one million homes are standing empty across the UK, the majority of which have been vacant for more than six months, according to council tax data analysed by the charity Action on Empty Homes. Of these, 133,000 belonged to someone who has died.
