Support to sell, rent and repair an empty property
An empty property will cost you money in council tax, bills, insurance fees and paying to repair damage and deterioration.
We can help you turn a financial burden into a valuable asset.
Rent out or sell your empty property
Rent out your property
You can get free help from us to rent out your property. This includes finding you tenants and giving rent guarantee insurance for the first year.
See our help with renting out your property page for all our offers.
You can also look at advice on renting out your property on the No Use Empty website.
Sell your property
You can look for advice on selling your property on the No Use Empty website.
Repair your empty property
You can get an empty property loan to repair an existing empty residential property so that it can be rented out.
The empty property loan is administered by Wessex Resolutions.
To find out more and apply contact us.
Empty property loan conditions
To get an empty property loan:
- you must have been the owner of the property for at least six months when you apply
- the property must not be your main residence
- the property must have been empty for at least six months
- you must have any required planning permission in place before applying
- you must rent out the property for at least five years
You can get a maximum loan of £15,000 per self-contained flat and up to a maximum of £30,000 per property.
The loan is available on a capital and interest repayment loan over a maximum term of 5 years.
We’ll give you 50% of the loan when you begin to work on the property and the rest when you finish.
Loan terms and conditons are on the Financial Assistance Schedule.
If you take out an empty property loan we will register a District Land Charge. This means if you sell the property before paying off the loan we can recover the outstanding balance of the loan from the sale price of the property.