Residential Properties that stand empty in the Cannock Chase District could be providing homes for the many people who need one.
Dwellings remain empty on a long term basis for a variety of reasons, for example because of inheritance issues, due to lack of funds for renovation or because owners are holding on to the property hoping for a rise in it’s value.
The longer a home is left empty the more likely it is to attract anti-social behaviour, to fall into disrepair and to become a source of anxiety to nearby residents.
On average it costs an owner approximately £8000 a year to keep a property empty. This cost includes rental loss, dilapidation, security, insurance and council tax.
Cannock Chase Council operate an interest free loans scheme to assist owners of dwellings which have been empty for over 2 years. Owners may be able to borrow up tp £10,000 to renovate their property. The loan is repaid when the renovations are complete either from the sale proceeds if the property is sold or via installments from the rental income if the property is let. For more information telephone 01543 462621 and ask for Private Sector Housing.
The Council’s Housing Options Team can provide specialist help and advice aimed at supporting landlords who manage their own properties. If you are thinking of letting your empty home and need some advice telephone 01543 462621 and ask for the Housing Options Team.
Leaving homes empty is a waste, especially as the number of persons seeking accommodation rises.
The Council is keen to assist empty home owners with returning their properties to use, however in certain circumstances, and when all offers of voluntary assistance have been rejected, the Council will consider taking enforcement action to bring the home back into use.
Empty Property Loans Scheme leaflet
Last Updated: 02/09/2020