Labour council to fund landlord property improvements – with a catch…

Labour council to fund landlord property improvements – with a catch…


Todays other news
The figures come from lenders' trade body, UK Finance...
New council duties and powers were introduced through the Renters...
October's Budget will reveal whether LHA is being increased or...
There's been a spike in complex and intricate complaints...
Molo is a specialist mortgage lender serving UK and overseas...
Scaffolding and wooden planks on a building under construction.

Liverpool has some 10,000 homes currently sitting empty within its borders but its councillors are this evening discussing spending millions helping private landlords with renovations.

The £7m scheme involves part of the funding being used to enable 365 privately owned rental properties that have been vacant for more than a year to be brought back into use. 

Advertisement

But there’s a catch for the landlords: in exchange, the city council would have the right to nominate tenants for the homes over the following three years.

Advertisement

Liverpool’s Labour leaders say the grants would save the organisation £13.3m by reducing the cost of temporary accommodation.

Advertisement

Other parts of the capital expenditure programme likely to be approved this evening involve the modernisation of leisure centres to provide new gym equipment, upgrade 3G pitches, and improve reception areas; bringing new benches to a series of parks, resurfacing pathways, and installing litter bins; upgrading 23 playgrounds; and rolling out communal bin hubs to reduce flytipping and encourage recycling.

Councillor Ruth Bennett, Liverpool’s deputy council leader and cabinet member for finance, resources, and transformation, says: “We know that having things such as decent leisure facilities, play areas and parks, as well as clean streets, alleyways and properties that are not in a state of disrepair make a real difference to everyday life. This is about making sure that people feel they are getting value-for-money from their Council Tax and the money we are spending is used in their neighbourhood.”

Advertisement

Share this article ...

Join the conversation: Login and have your say

Want to comment on this story? Our focus is on providing a platform for you to share your insights and views and we welcome contributions. All comments are screened using specialist software and may be reviewed by our editorial team before publication. Landlord Today reserves the right to edit, withhold or delete comments that violate our guidelines, including those that harass, degrade, or intimidate others. Users who post such content may be banned from commenting.
By commenting, you agree to our Commenting Terms of Use.
21 Comments
Oldest
Newest Most Voted
Recommended for you
Related Articles
Gavel resting on a stack of legal documents for landlord legal matters.
New council duties and powers were introduced through the Renters...
Row of Victorian townhouses with bay windows and stone facades in a residential area.
Size, distance and percentages are used to determine HMO planning...
Hand moving a wooden block with an upward arrow over 'RENT' blocks.
Tenants are encouraged to "participate in the planning and leadership...
Penalty sign and gavel on wooden surface for landlord legal issues.
The warning says no landlord, anywhere, is immune from the...
Tenants are increasingly discerning, claims the agent...
A prominent agent says he’s expecting a “significant shift” in...
Recommended for you
Latest Features
Emily Coltman FCA is Chief Accountant at FreeAgent...
Can a landlord database tackle rogue operators, or will it...
There's been a survey of landlords and tenants - with...
Sponsored Content

Send to a friend

In order to send this article to a friend you must first login. Click on the button below to login or sign up.