Brent offers cash incentives to owners of empty properties

2 December 2015

To mark Empty Homes Week (30 November to 6 December 2015) we're inviting the owners of empty properties to find out more about the help available to them to bring empty Brent properties back into use as homes.

 

There are a number of options available to assist owners including grants, loans and leasing schemes. There are generous grants available to owners who could receive up to 70 per cent of the cost of refurbishment works, depending on the size of the property, or up to £6,500 per year, per person that can be accommodated. For example, to bring a two bedroom home back into use, a property owner could get up to £26,000 in grant aid for refurbishment and conversion works plus receive an average rental income of £14,500 per year.

We can also available to provide specific help and guidance to owners of properties that have been empty for a long time, who may be facing certain difficulties or challenges.

 

Councillor Margaret McLennan, Lead Member for Housing and Development at Brent Council said: "There are around one thousand empty properties in Brent and we want to bring all of them back into active use. There are a variety of ways we can help do this so I would urge owners of empty properties to take a look at the range of incentives such as the generous grants and loans available.

 

"We also understand that there can be obstacles to bringing a home back into use and we want to help property owners in any way we can by providing them with help and advice.

 

"This year we have already helped bring approximately 190 properties back into active use and we are also on track to meet our target of reviving 100 hundred properties via grant funding. These will provide much needed homes for our families in housing need."

 

Rad more about our empty property schemes.