Empty properties in the borough
- The government classes a property as being "long term" empty when it has remained unoccupied for six months or more.
The number of long term empty properties fluctuates throughout the year, but as of 1 April 2016 there were 813 in the Borough and 1493 empty properties in total.
Why is the council interested in empty properties?
In a time where housing is in short supply, hundreds of households are seeking accommodation due to homelessness, overcrowding or living in unsatisfactory situations. Empty properties are a wasted resource both financially and in terms of housing stock as society has to find more land to build new homes on.
A vacant property can deteriorate into disrepair, is a target for anti-social behaviour including arson and criminal damage, or be illegally occupied. The grounds of an empty property can also become overgrown and if not secured be a magnet for fly tipping.
All this can cause severe problems to neighbouring properties whilst also having a detrimental effect on the local community as a whole and the amenity of the area.
Empty property loans
I own an empty property, what help is available?
The Council has developed an interest free loan to assist owners to bring their properties back into use. To be eligible for an Empty Homes Loan the following criteria must be met:
- Client must be an owner or their nominated representative
- The property must have been empty for six months or more
- The property must be owned by the applicant.
- Client must have enough equity in the property to cover the loan in excess of £3000.
- The loan will be up to a maximum of £10,000 repayable over a maximum of 5 years from date of full funding released
- Any loan greater than £3,000 will be placed as a land registry charge against the property.
- Interim payments can be made on submittal of contractor invoices or where works are to be carried out by applicant
- The property must be located within the Nuneaton & Bedworth area.
The loan will cover up to £10,000 of renovation works to bring the property up to a reasonable letting standard. The property must be thermally comfortable, weatherproof and have reasonably modern facilities. If the amount of works required exceed this limit then the property will not be considered for the scheme unless the owner agrees to cover the cost of the additional works.
There must be sufficient equity in the property for it to be considered for the loan. This will be decided by Nuneaton & Bedworth Borough Council. Loans will be secured by a legal charge on the property which will be registered with the Land Registry office.
The property will initially be viewed by the Empty Homes Officer to determine its eligibility for the scheme, e.g. size, condition and location. Where appropriate a further visit will be carried out by the Empty Homes Officer to prepare a schedule of works.
Empty home owners can apply for a loan by downloading, completing and returning the Empty Homes Loan Application Form to the Council.
How to report an empty property?
To report an empty property or apply for assistance, you can contact the Empty Homes Officer at Nuneaton and Bedworth Borough Council.
Opening hours - 09:00 - 17:00
Last updated Wednesday, 15th March 2017