As you know, around 710,000 UK properties are currently lying empty. The Ministry of Housing, Communities and Local Government (MHCLG) is addressing the empty property challenge and supporting local authorities in bringing more homes back into use through the New Homes Bonus scheme (NHB). With the ability for local authorities to earn additional NHB income by returning empty properties to use under review from 2022, now is the time to maximise the returns available whilst you still can.
How can Capacitygrid help?
The Empty Homes Review service is a fully managed service which utilises technology, expertise and resources to identify long-term empty (LTE) properties which are occupied and attract New Homes Bonus funding.