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Liverpool Council to rejuvenate empty properties

Liverpool City Council is investing £6 million in refurbishing homes that are left empty across the city. It is an initiative that is expected to bring around 4,000 houses back into regular use by 2018, and will build on the success of its 2012 Empty Homes Initiative, which has already seen 948 properties revamped.

The scheme will also continue to support local employers by encouraging small and medium-sized businesses to bid for works under £100,000. Local contractors can therefore enjoy the benefits of extra funds, diverted from capital reserves, that will allow them to perform refurbishments – whether it’s painting and decorating, or fitting double glazing or wood flooring. Liverpool Mayor Joe Anderson suggests that the preponderance of empty properties across the area is a blight on the city, and the council as a whole hopes that the initiative will also allow it to “get tough” with irresponsible homeowners while simultaneously allowing it to target some of the city’s more significant “problem areas”.

By providing loans and various other subsidies, the council hopes to encourage homeowners to bring their standing properties back onto the market, as well as encouraging those with vacant property to sell them. The council will also aim to target some of the problem neighbourhoods by working alongside providers of social housing across the city.

Also included in the plans is a project entitled ‘Invest to Earn’, which will see Liverpool City Council buying properties from social housing partners, refurbishing them, and renting them – using any revenue generated to continue to fund the project.

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