I'm an empty home owner, what should I know?
As an empty property owner you are losing money.
For example, the Council Tax bill for an empty property in Great Yarmouth based on a Band B property, will cost on average £1,727.64.
This same property would increase to £3,455.28 in left empty for a year, £5,182.92 after five years and £6,910.56 after 10 years.
This coupled with the cost of insuring, securing an empty property and addressing any damage or illegal activities, can see costs escalating to unacceptable levels.
Compare this with letting a property at Local Housing Allowance rates (below market rent), that would provide an empty home owner with an income of around £6,900 (based on a two bed rate).
Reasons to act
Great Yarmouth has a shortage of housing, both private and affordable so leaving a property empty only exacerbates this problem.
Renting your empty property
Information to help empty home owners decide whether or not to rent their property.
Renovating your empty home
Ensure you get the right information and guidance when you are renovating your home.
Selling your empty home
Most people sell their property through an estate agent; they can provide advice on its value, the best ways to sell and suggest ways to attract buyers.
What help is available?
Information to assist empty home owners to bring their properties back into use.
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