Gaining the Maximum New Homes Bonus
Around 710,000 UK properties are currently lying empty. The Ministry of Housing, Communities and Local Government (MHCLG) is addressing the empty property challenge and supporting local authorities in bringing more homes back into use through the New Homes Bonus scheme (NHB). With the ability for local authorities to earn additional NHB income by returning empty properties to use under review from 2022, now is the time to maximise the returns available whilst you still can.
The Empty Homes Review service is a fully managed service which utilises technology, expertise and resources to identify long-term empty (LTE) properties which are occupied and attract New Homes Bonus funding.
We will work in partnership alongside your existing teams and we will use our expert data matching technology, a network of specialist inspectors, a dedicated call centre team and experienced revenue practitioners – 120 of them – to exhaustively review and validate every long term empty property. This has ensured our LTE removal rate has continued to be over three times the national average.
The benefits using the service can bring are:
Even if your in-house team are focused on delivering this review internally our partnership is designed to ensure there is no duplicated effort or cost involved. We offer the service on a risk and reward basis, so there are no upfront fees and no risk to you and you only pay for what we find beyond your own results.
To join the majority of councils in England who have used the service please contact us to find out more.