Tens of millions to restore empty homes

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02 February 2023

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By Graham Norwood

TODAY'S OTHER NEWS

Tens of millions to restore empty homes - but not for private landlords

A £50m scheme to bring more empty homes back to life in Wales - but private land are excluded from applying.

The National Empty Homes Grant scheme will see up to 2,000 long-term empty properties brought back into use.

This scheme will run alongside with other Welsh Government schemes like Leasing Scheme Wales which is designed to improve access to longer term affordable housing in the private rental sector.

Climate Change Minister Julie James says: “The latest statistics show there are more than 22,000 long-term empty properties in Wales. These are a wasted housing resource that can become a blight on our communities.

“The funding announced today will be used to reduce the number of empty properties and, therefore, increase housing supply.”

A grant of up to £25,000 will be available for home owners or prospective home owners to remove significant hazards from their properties to make them safe to live in and to improve their energy efficiency.

In order to qualify for the grant, the property must have been registered as empty with the local authority for a minimum of 12 months prior to commencement of the works.

Once the works have been completed, the successful applicant must then live in that property as their main and only residence for a minimum of five years.

Aside from owner occupiers, Registered Social Landlords, local authorities and community housing groups will also be able to access the funding for empty properties they are acquiring to bring back into use as affordable housing.

The scheme has been developed with the local authorities and will be administered by Rhondda Cynon Taff Council on behalf of the Welsh Government.

This scheme for bonds private landlords applying but will run alongside the Leasing Scheme Wales which encourages private landlords to lease properties to local councils.

Despite private landlords being excluded the idea has won support from letting agents’ body Propertymark.

It’s Head of Policy and Campaigns Timothy Douglas comments: “We are pleased to see £50m has been designated to bringing empty homes back to life in Wales.

“This is something Propertymark has campaigned for as it will allow communities to bring desperately needed, unoccupied properties back into use.

“Wales also has the oldest housing stock, so it’s good to see recognition of the need for funding to improve energy efficiency in residential homes.”

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