Successful empty home scheme hits milestone
- 03 Dec
A long-running empty homes scheme run by Kent County Council has brought back 3,027 properties into use.
The No Use Empty initiative, launched in 2005, has returned this year with a record of 600 long-term vacant homes back in use, which is the most successful such scheme across the UK.
Throughout 2013 the council has approved loans that total £2.5m which makes it a recored year for investment. The scheme has also received a total investment of £25m, a third of which comes from the council's empty homes loan fund. To date the scheme has delivered new homes at a cost of just over £8,000 per unit, which is a fraction of the cost of new-build properties, reports 24dash.
The 3,000 home milestone is particularly significant as it meant that the scheme has successfully tackled a third of the home that stood empty when the initiative was launched.
Mark Dance, the council's cabinet member for economic development, said: "Empty and unused properties can depreciate the value of adjacent properties by up to 18%, so this is an issue that goes way beyond bricks-and-mortar and impacts the wider social and economic wellbeing of an area. No Use Empty has created 3,000 new homes to date, which not only represents a great return on investment, it has had a pronounced regenerative impact on some of the County's more deprived areas."
Steve Grimshaw, NUE's regeneration project manager, said: "Returning a third of the homes that lay empty when we launched the scheme in 2005 is a significant marker for us. This has been a bumper year for No Use Empty, as we have launched our affordable homes partnership with Amicus Horizon, as well as issuing our biggest loan to date, which shows the initiative is evolving whilst still achieving its goals. We are always looking for new projects to undertake so urge owners of empty properties to get in touch."
What do you think of this? Tweet us your comments @suppsolutions
- 02 Nov
THE ONS PLANS TO CHANGE THEIR DECISION TO MAKE HOUSING ASSOCIATIONS PUBLIC BODIES
According to reports by 24 Housing, the ONS said the following:Gavin Smart, Chartered Institute of Housing's deputy chief executive also said:"Although we have been expecting this decision for some...
- 30 Aug
RECENT ANALYSIS FINDS THAT THE HELP TO BUY SCHEME HAS ADDED TO THE INFLATION OF HOUSE PRICES
The analysis of the Help to Buy Scheme revealed the following:The chief executive of Paradigm Housing Group, Matthew Bailes, said:" ... clearly, it worked well for developers, and for providers, it...
- 22 Aug
A NORTH WALES COUNCIL REVEALED THEIR WAITING LIST FOR NEW HOMES HAS REACHED BREAKING POINT
The north Wales Council revealed their waiting list for new homes has reached "breaking point".According to Clare Budden, Flintshire Council's community enterprise chief officer said:"There are...
- 17 Aug
HOMELESSNESS POLICY IS UNDER REVIEW IN A NORTHAMPTONSHIRE COUNCIL
Kettering Borough Council has amended its letters to homeless residents to let them know of their right to request a temporary accommodation review.According to an ombudsman, Michael King:"People in...
- 15 Aug
FINANCIAL CONSTRAINTS HAVE CAUSED THE CLOSURE OF MANY CHILDREN AND YOUTH CENTRES
Local Government Association (LGA) made the following findings:Chair of the LGA's children and young people board, Richard Watts, said: "The reality is that services for the care and protection of...
- 11 Aug
RESIDENTS OF BUILDINGS IN LEDBURY ESTATE, SOUTHWARK, SOUTH LONDON WILL BE MOVED OUT TEMPORARILY
The buildings in Ledbury Estate in Southwark have been constructed in a similar way to Ronan Point, a tower block in Newham which collapsed in 1968 as a result of a gas explosion, killing three. An...
- 10 Aug
THERE IS A DECLINE IN THE HOUSING MARKET IN LONDON AND OTHER PARTS OF THE SOUTH EAST OF ENGLAND
The Royal Institution of Chartered Surveyors (Rics) made the following findings:Chief Economist at Rics, Simon Rubinsohn:"Sales activity in the housing market has been slipping in the recent month...
- 07 Aug
REPORT FINDS THAT PEOPLE ARE INTENSELY SUFFERING FROM LACK OF AFFORDABLE HOMES IN SCOTLAND
According to the report by "Shelter":Shelter's deputy director, Alison Watson, said:"This report shows the disproportionate impact of Scotland's housing crisis on young people and private renters who...
- 02 Aug
NEW REPORT BY THE PUBLIC ACCOUNT COMMITTEE IN WALES COMMENDS HOUSING ASSOCIATIONS
The report which was put together after nine months of inquiries stated the following:Nick Ramsey, Chair of the Public Accounts Committee, said:"Generally, we found governance and regulation within...
- 31 Jul
LONDON COUNCIL URGES THE GOVERNMENT TO MAKE MEASURES TO END LETTING FEES FOR PRIVATE RENTERS
The London council say urgent action is needed because the government has not provided "a clear timescale to introduce its own measure", Letting Agent Today, reports.Last year, the government had...
What are the Future Funding Arrangements for Supported and Sheltered Housing? "Another informative session provided by Support Solutions, excellent session" P.R. - Wrekin Housing Trust