We understand there are challenges when dealing with an empty property that may -
- be in negative equity
- be requiring total renovations or making safe
- have been left by a family member
- have become part of a family dispute
We want to help owners bring homes back into use.
If you are an owner, contact us to discuss your options as soon as possible. We can work with you to find the best solution for you, this may help reducing your financial losses.
We can help in a number of ways including -
- connecting owners with buyers and tenants
- purchasing the property
- directing you to organisations offering loans and grants which may be available
- providing advice and information on -
- selling
- letting
- waste management
- Council Tax
- social housing providers
- raising finance and VAT exemptions
We will contact owners of properties empty for over 6 months to record what action is being taken to bring the property back into use.
When owning an empty property you should be aware that -
- there is an increased risk of becoming a victim of property fraud, further information on this and how to protext yourself can be found on the GOV.UK website
- empty properties deteriorate rapidly, cost more to insure and provide no income
- it is difficult to secure a mortgage on an empty property because they are a high risk to the lender
- whilst a property remains empty, it is the owners responsibility to visit periodically to ensure that it remains safe and secure and is not having an adverse effect on the community
Owners with medical issues
If you are an owner in care, have medical issues or are incapacitated then you may wish to assign someone you trust a ‘lasting power of attorney’. This allows an attorney to manage your affairs and deal with your property. You can apply for this yourself by visiting the GOV.UK Lasting Power of Attorney page, or you can ask a solicitor to set this up for you.