Property News · June 22, 2013

Houses for £1 and a loan to do them up


The charity Empty Homes is offering a 25% stake in a house in Stoke for £1 – and more regenerative schemes are expected across the UK soonThe average asking price for a home has just broken through £250,000. But in some parts of the country you can pick up a house for less than the price of a cup of tea, courtesy of a string of regeneration schemes aimed at injecting new life into run-down areas.During the past few months the city councils in Stoke-on-Trent and Liverpool have been inundated with applications after launching projects allowing people to buy a derelict home for just £1 upfront. Continue reading…

Source : theguardian.com
Read more…Houses for £1 and a loan to do them up

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