LETTING & ESTATE AGENT

Our doors may be closed, but we’re still here for you. In line with government advice on the outbreak of Coronavirus (COVID-19), all our Martin & Co branches will be temporarily closed until further notice. The health and safety of our staff and customers is, of course, our number one priority. But while we might not be able to see you, we are still here if you need us. The Martin & Co teams are all working remotely, ensuring we can provide continuous support for all our customers. Please email your nearest branch directly through the website and, most importantly, stay safe and healthy during these difficult times

Government claims number of empty homes now at all time low

Government claims number of empty homes now at all time low

The government says a raft of measures it has introduced means the number of empty homes across the UK is now at “an all-time low.â€

It says the number of empty homes was 318,642 in 2004 but last year was around a third less at 203,596. 

It claims that measures helping create this change include:

- rewarding councils for bringing empty homes back in to use through the New Homes Bonus; 

- actively bringing over 106,000 empty homes will be back into use; 

- introducing charges on certain ownership categories to prevent residential property being held through companies left empty; and

- ensuring Capital Gains Tax is due on gains made by foreign owners who sell residential property here in the UK “much of which is left empty†according to the Department of Communities and Local Government. 

“We're turning around the housing market and making sure the best use is made of all housing including empty homes. We're very clear that a house should be a home which is why we have taken action to stop homes being bought up and left as an empty investment†says housing minister Brandon Lewis.


Article courtesy of Estate Agent Today | Sign up for Estate Agent Today newsletter | Get this news on YOUR site!