Thursday, August 05, 2010

BPF on empty homes and the end of tenancies for life

Thank you to British Property Federation's Chief Executive, Liz Peace. Who intervened on the story in the Independent and others about the end of council tenancies for life. She made the excelent point that the underlying problem was not enough housing and said:
"Renovating empty homes is an opportunity for the government to get people of housing waiting lists and into good as new homes.Awarding renovation grants will remove eyesores from the local community and rectify lost incomes for the owner and surrounding landlords. It is a win-win situation for the owner of empty properties and the campaign to recycle existing housing stock."With the upcoming comprehensive spending review we can expect local authority funding to be cut however the need to supply new homes doesn't go away, renovating empty homes is a certain way of providing homes."

1 comment:

  1. It's a complete no-brainer, renovating empty properties is a win-win for everyone involved.

    As a painting decorating company in London we are already seeing an increase in renovations due to the slump in the housing market, this proposal would bring more work for us and our employees, extra income for landlords, more stable house prices for neighbours and more housing available for those in need.

    At The Invisible Painter we're fully behind this one!