Thursday, 27 November 2014

Pickles wants councils to sell off £1m-plus homes

Eric Pickles has ordered London councils to publish, by postcode, details of their social housing, including the value of individual houses and flats and whether they are occupied, in an effort to persuade them to sell off homes worth more than £1m. The communities secretary said: “Instead of holding that money as equity in expensive empty properties, the councils should sell up those vacant buildings and reinvest the money to keep the capital building. This would allow more families to come off social housing waiting lists and get into homes." The Communities Department highlighted how Southwark sold one council home - a four-story, Grade II-listed building - for £3m, which helped to fund the building of 20 new properties.
Evening Standard,

No comments:

Post a Comment