Council to sell empty homes for £1 to tenants hit by housing benefit cuts
Company News, Homesteading, Uncategorized
We’re delighted that Stoke City Council have announced the first large scale homesteading programme in the UK in a decade. Their programme, that we helped the council develop, will see empty homes sold to people on low incomes for £1 each. The homes are hard to let council houses and homes the council had previously acquired for regeneration schemes that can no longer go ahead
…
24 Dash: Stoke-on-Trent City Council wants to offer loans of £30,000 to families hit by housing benefit cuts to refurbish empty homes which it will sell to them for a £1.
The measure is part of a move by the council to support tenants hit by welfare reform, bring back into use empty homes and promote home ownership.
From next April some 660,000 working age claimants will face housing benefit cuts of £56 a month on average for having “spare” bedrooms. In addition to the under-occupancy penalties, a household benefit cap will also apply limiting families to £500 a week.
The council is match-funding £1.5m of the Government’s empty homes funding with £1.5m from its own capital allowance to get the scheme up and running.
The number of properties is as yet unconfirmed but it’s looking at voids in Portland and Bond Street in the city initially targeting hard to let homes owned by social landlords who can’t afford to do them up.


August 8th, 2012 at 10:45 pm
how can I buy the one pound empty home
August 18th, 2012 at 1:22 pm
how can I buy the 1 pound house!
September 14th, 2012 at 12:38 pm
i would love to know how to buy the one pound empty home and what is the catch
September 26th, 2012 at 11:52 am
Afternoon, Can you please advise if there are schemes like this in Dagenham Essex or in London.
This scheme sounds really good and will be able to help a lot of people that are unable to afford their own place to live in.
October 7th, 2012 at 10:35 am
Hi
could you tell me how we can buy a empty £1 property….or any empty property….
Many thanks.
October 15th, 2012 at 12:38 pm
I would like to buy empty homes can I get help to do that