Landlords 'pleased' by empty homes boost
Published Date: 30/05/2012 13:03:44
Landlords have welcomed news that additional money will be spent on trying to rectify the UK's current empty homes problem.
The British Property Federation (BPF) explained communities minister Andrew Stunell's announcement that £145 million will be shared between councils and voluntary groups is supported by home insurance customers of this type because it should rectify lost incomes.
Liz Peace, chief executive of the BPF, described the move as a win-win situation for owners of the empty properties.
Ms Peace explained the development should result in eyesore buildings being removed from local areas, while also representing an opportunity for the government to reduce waiting lists and offer people more new homes.
She stated: "It's a shameful waste that so many homes are empty while millions of families are living in poverty or without permanent housing."
The commitment also has the ability to reduce the burden currently faced by councils that are overstretched at a time when significant reductions are being made to housing benefits, the industry figure added.
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