Sign up to our Editors Choice newsletter now! Click here

£4.5 million to bring Scottish empty homes back into use

Accessibility Menu

Menu Search

24dash - The UK's most up-to-date social housing and public sector news website

£4.5 million to bring Scottish empty homes back into use

24DASH.COM Logo

Published by Max Salsbury for 24dash.com in Housing and also in Central Government, Finance

£4.5 million to bring Scottish empty homes back into use £4.5 million to bring Scottish empty homes back into use

The Scottish Government has announced a loan fund of £4.5 million to bring 400 empty properties back into use.

The fund will be made available to private owners to renovate empty homes in exchange for them being made available as affordable housing for at least five years.

There are currently 25,000 homes across Scotland that are classified as long-term empty.

Deputy First Minister Nicola Sturgeon, who made the announcement, said: "Empty homes are a blight on many communities across Scotland. Standing empty these properties are no use to anyone. Renovated, they could provide much needed new homes for hundreds of people.

"That is why more needs to be done to make better use of these existing assets.

"Bringing empty homes back into use makes sense because it is a cost-effective way of increasing the supply of housing available to families across Scotland’s communities.

"The Empty Homes Loan Fund, and wider work being taken forward by Councils as a result of the Shelter Scotland-led Scottish Empty Homes Partnership, can help significantly reduce the number of wasted, empty homes across Scotland."

Kristen Hubert, coordinator of the Scottish Empty Homes Partnership, which is hosted by Shelter Scotland and funded by the Scottish Government, said: "It is pleasing and highly encouraging that so many worthy projects have been given the go ahead.

"Having an incentive like a loan to offer owners of empty homes is a key part of getting people to engage with our growing network of Empty Homes Officers and make positive choices about their properties. We will work with the successful bidders to help them make the most of their projects.

"We look forward with excitement to seeing so many empty homes that previously caused issues for their communities coming back to life as affordable housing."

Comments

Login and comment using one of your accounts...