From 1 April 2021, the Council Tax (Long Term) Empty Homes Premium for those properties that have been empty for more than 10 years will be increased from 200% to 300%. Lib Dems on Torbay Council are taking the measure to bring more homes back into use for local people.
Owners of properties that have been empty and unfurnished for more than 10 years will be required to pay the premium in addition to the normal council tax charges.
Torbay currently has approximately 200 people on its waiting list for housing, all of whom are looking for homes in the Bay. Increasing the overall supply and range of housing in Torbay and making best use of existing housing is a key priority for the Lib Dem and Independent Council under its Housing Strategy.
Empty properties are a financial expense, Torbay Council has a range of incentives for both landlords and potential owner occupiers to help bring long term empty properties back into use to help ease the shortage of housing in Torbay.
Cllr Swithin Long, Cabinet Member for Economic Regeneration, Tourism and Housing, Torbay Council, said:
"We want empty property owners to know that they have options. You can repair the property for renting and receive a rental income, or sell it on the open market through a reputable estate agent. Our Housing Options Team can also assist you with finding suitable tenants. However, an empty property is a wasted home that could be lived in by someone who needs it and Lib Dems at Torbay Council are working hard to provide homes for the people of Torbay."