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TODAY'S OTHER NEWS

Bid to identify future private rental properties in London

A council is introducing a service which it claims will help identify properties which cannon future be used as private rental homes. 

Westminster council has published a new strategy introducing a range of measures, focused on properties vacant for more than six months, which will encourage owners to make empty space available for rent while discouraging the purchase of holiday homes or ‘buy to leave’ investment.

Between 2021 and 2022, the number of homes on the authority’s council tax database declared as long term empty residential properties rose by 123 per cent to 1,150 properties. 

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The real number is expected to be higher, due to the previous reliance on self-reporting. 

The same data shows that more affluent wards of the borough - such as Knightsbridge and Belgravia - have the highest number of empty properties. 

Separate research by the Greater London Authority suggests that long term empty properties in the capital are complicated by interrelated issues of second homes and potential Buy to Leave investments.

However, part of the strategy will see Westminster introduce an empty property officer to help fully unpick why so many homes in prime locations have been left vacant in recent years.

The new approach aims to bring homes back into use to increase housing supply, especially in the private rented sector, and to improve knowledge of long term empty homes and how to tackle them.

“Where there are opportunities for empty homes to be used for temporary accommodation or affordable housing we will look to take them” says Westminster council.

Current local authority powers to tackle the issues are limited and restrictive. This encompasses Council Tax Premiums, Compulsory Purchase Orders, Empty Dwelling Management Orders, improvement of empty properties, planning powers and grants.

In the coming months, supported by the new empty homes officer, the council intends to set up a hot line for residents to report empty homes, engage with owners of empty homes to highlight the benefits of bringing their properties back into use, and the identification of further empty properties.

In addition the council will “hold a workshop with partners and stakeholders to create a fuller understanding of the issue” while also lobbying government for greater powers to bring empty homes back into use.

Westminster council leader Adam Hug says: “In some respects, having some of the country’s most desirable postcodes is a good problem to have.  

“It’s great that people from across the world invest in our city but the rise in vacant homes is alarming and we know the current figures are likely to underestimate the problem.

“For many the thought of so many homes in Westminster sitting empty, essentially left to rot, while thousands wait for housing, will be hard to swallow.

“These measures are an important first step in tackling the issue of empty houses in Westminster, where absentee international investment can hollow out our communities and waste a vital supply of homes.

“Our current powers are blunt instruments. We need to gain a better understanding of the problem and make it desirable to rent vacant property while penalising those who leave much needed homes empty.”

  • Kristjan Byfield

    Slightly bizarre approach to one of the most exclusive home markets in the world. Properties owned by barons, oligarchs, international royalty and the like. These people aren't letting their property out because they didn't know they could- it's because they don't want or need to. This seems an utterly pointless use of resources. Why not spend this money on proactive enforcement of property licensing and regulatory compliance within the PRS and social housing?

  • icon

    Jobs for the boys. Ignoring the elephant in the room, ie. Immigration!

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