During the past few months the city councils in
Stoke-on-Trent and Liverpool have been
inundated with applications after launching projects allowing people to buy a
derelict home for just £1 upfront. Now
the charity Empty Homes is offering a variation on this theme: a 25% stake in
an empty house for £1. Ten two-bedroom terraced houses located in
Stoke-on-Trent are up for grabs, and you don't need to be a resident of the
city to apply – it is open to anyone in the UK who doesn't already own a
property and meets the criteria.
We can probably expect to see more of these schemes being
launched after communities minister Don Foster, who has visited the
Stoke-on-Trent projects, announced a £91m government cash injection to bring
back into use more than 6,000 empty and derelict homes and commercial premises
across England .
Read more on the Guardian website.
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