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£500 incentive

As an incentive for bringing long-term empty properties back into use, the City Council has agreed to contribute up to £500 towards legal and/or marketing fees.

While a property is unoccupied, Council Tax liability could range between £1,103 to £3,310 each year. A transfer of ownership or occupation of the property removes this liability and in addition, the City Council has agreed to contribute up to £500 towards legal and/or marketing fees when a property is sold on the open market or rented via the City's leasing scheme. A property is considered to be "long term empty" following an empty period of 6 months and the following additional exclusions apply -

Conditions - Private Sale:

  1. Property must be within the City of Wolverhampton
  2. The property would not be sold without the intervention of the Council
  3. The offer is on a first come first served basis and targeted to priority groups
  4. The property must be sold within 6 months of being put on the market
  5. The property cannot be sold to a relative of the current owner
  6. Initial disbursements connected with the sale can be funded with the incentive
  7. Agreement that any outstanding monies owing to the Council are cleared from the proceeds of the sale.

Conditions - Rented via the City Council:

  1. Property must be within the City of Wolverhampton
  2. The property would not normally have been rented without the intervention of the Council
  3. The offer is on a first come first served basis and targeted to priority groups
  4. The lease between Wolverhampton Homes and the Council must be signed within 6 months
  5. The property must be accepted as suitable in terms of quality and sustainability for the leasing scheme.