The Secretary of State for Communities and Local Government, Eric
Pickles, has urged town halls across the capital to list their property stocks
by April 2015, in order to sell all
those empty homes worth more than £1million.
The move would allow the councils to sell the expensive vacant buildings
and therefore reinvest the money into new homes for hundreds of families who
are currently on the waiting list for the social housing.
Details of the high-priced properties are expected to be
published by postcode, in order to keep track of the value of the buildings in
different parts of the city.
Mr Pickles has taken the chance to emphasize Southwark council’s empty
homes initiative. Last October, in fact, the borough has sold one four-story
building for £3million, in order to fund the construction of twenty new homes.
Good news come from the property experts, who have announced most of the
inhabited social housing in the capital are worth over £1million and on top of
that, hundreds of them are available.
While the Government is willing to seriously invest in social projects,
independent charity Empty Homes has
been working hard since 1992, to bring empty homes back into use.