Download presentation
Presentation is loading. Please wait.
Published byStanley Blake Modified over 9 years ago
1
Empty Properties
2
The team Joanne Lawson Danielle Matthews Jeremy Frankson
3
Experience General housing work Enforcement Environmental Health Surveying and valuation Planning Private sector leasing
4
Joint working Housing Strategy Planning Environmental Health Pest Control Environmental Enforcement Council tax
5
Today Way we work Enforcement powers How we think we can help you Q & A
6
Want to work with owners Trace absentee owners Not always possible so we use our enforcement powers
7
Enforcement Powers Secure empty properties after 48 hours notice Get work carried out on untidy and overgrown properties Demolition Orders Enforced Sale Empty Dwelling Management Orders Compulsory Purchase Orders
8
How can we help you?
9
Many owners of empty properties want to sell but don’t know how Auction, agent or private sale? Offer advice
10
Interested in buying an empty? Good way to increase your portfolio Come in varying conditions Development projects List of interested purchasers Add your name and we will pass it on to prospective vendors
11
Empty Property Improvement Loans Empty for six months Loans are interest free 5 year fixed term £15K Additional £10K per extra unit in conversions up to £45K max Registered as second charge £150 fee
12
Empty Property Improvement Loans Bring properties up to decent homes standard Let at local housing allowance level
13
Local Housing Allowance One bed - £474 pcm Two bed - £593 pcm Three bed - £673 pcm Four bed - £992 pcm
14
Empty Properties What else ?
15
Empty Property Improvement Loans FAQ’s Can I repay the loan early or in instalments? Can I pick my own tenants? Will the council find tenants for me?
16
Empty Property Improvement Loans The process Contact the team to arrange an inspection Visit – usually within a week Discuss scheme and answer questions Send application pack within 10 working days
17
Empty Property Improvement Loans The pack Application forms Copy of proposed loan agreement and charge form Schedules of work Three months to return the form
18
Empty Property Improvement Loans Processing your application Check application Pay in fee Work out how much we can lend Pass to legal team – 6 – 8 weeks Approve loan You can start work! Year to complete
19
Empty Property Improvement Loans Payments Interim and final All payments need to be supported by invoices Final payment – certificates and guarantees
20
Empty Property Improvement Loans Post - completion Check your tenancy agreement Check occupancy annually Declare any outstanding loan on a local land search
21
Any Questions ?
22
Contact details Empty Property Team, Private Sector Housing, Level 2, Gun Wharf Telephone – 01634 333532 emptyproperty@medway.go.uk
Similar presentations
© 2024 SlidePlayer.com. Inc.
All rights reserved.