Durham County Council is considering plans to offer
long-term empty homes for sale at discounted prices. It has developed the
‘homesteading’ scheme, which will see two and three-bedroom homes for sale from
as little as £18,000, in partnership with local housing providers. Members of
the authority’s cabinet will be asked to agree to give the plans the go-ahead
when they meet next week. If approved, the scheme would be introduced on a
pilot basis, with 14 council-owned homes being offered for sale. The initiative
could also see buyers offered an interest-free loan of up to £15,000 to carry
out repairs and improvements. Read more on the Housing Excellence website.
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