Homes for a pound

August 28, 2015

It was a few months back that we reported on the “House for a pound” scheme launched by Liverpool City Council, well now we can report that latest figures reveal that more than 2,500 people have applied, would-be buyers had until July 31 to apply, by the closing date 2,560 applications had been received.

The original scheme was expanded following the success of a pilot project involving properties around Granby Four Streets and Arnside Road.

Deputy Mayor, Councillor Ann O’Byrne, reportedly says: “We have had tremendous interest in this scheme and we will now begin the hard job of assessing the applications against the eligibility and priority criteria.

Successful applicants will be required to  live in the property for a minimum of five years, refurbish the property to the Decent Homes Standard and comply with an agreed schedule  of works.

 

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

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