News for council tax and empty Lewisham properties

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News For Owners Of Empty Homes

There are hundreds of empty homes in Lewisham. The people who own these will need to recognise that, from April, the rate of council tax will double. This move is because the council want to improve the area and plan to generate over £400k across the next 12 months.

In the past, Lewisham Council was able to charge a 50% premium on homes that were empty. The new higher levy can be on homes that have been empty for two or more years.

With the new change coming into force in April, owners have plenty of time to find people to move in before being affected by it. This will push them to rent or sell their empty properties rather than letting them sit vacant.

People expect the increase in tax for this year to raise £458,418. The council also has plans for the future to continue raising the rate. This will help boost access to affordable housing in the borough for people and families instead of leaving them struggling. The higher tax will help with bringing houses back into use and for raising funds that the council will put towards the needs of the borough.

There is unfortunately a housing crisis as people need to find somewhere to live. This rise in tax will help reduce the number of homes that are empty for long periods of time. Council tax collection has remained steady over the last few years. An increase will allow funds to go where people need them most and will help improve the area.

Superior Property Services

London is known for its vast property market and the various options available across the boroughs. We make the most of our extensive industry knowledge to assist you in your investment efforts, regardless of the size of your portfolio. We work on things like the estate management Lewisham can rely on and guaranteed rent services. Whatever a client needs, we do our best to provide it with the highest possible value.

Contact the Finefair team if you have an interest in learning more about what we can do. If you need a quick service to get tenants our rent guarantees and council leasing can offer the perfect solution.