Tuesday, 8 July 2014

Birmingham's Empty Homes Success Is a Nice Little Earner

Birmingham City Council has boasted that it success in bringing 1,400 privately owned empty properties back into use has given the city's housing stock a "massive boost" and brought financial gains too. The decision taken by the council to remove the Council Tax exemption for empty homes has meant that in 2013/14 Birmingham generated £777,000 of additional charges via the empty property premium. And by bringing the properties back into use, the city will also receive an additional £1.8 million, included in the overall New Homes Bonus of £4.6 million in 2014-15. Read more on the Housing Excellence website.

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