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Post by Handyman on Jul 8, 2024 13:34:42 GMT
There is a gray area with empty properties in the UK, I have made inquiries to various councils asking for data on their empty properties, I would rather renovate or purchase properties already built, than build more. None of them are clear, and it's very sketchy, I reckon the empty properties lying empty in the UK would ease hundreds of council waiting lists, also we have foreign investors especially in London sitting on millions if not billions of pounds worth of property, some of them haven't been lived in years, maybe Reeves should start as a example targeting these types. I agree 100% |
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Post by ratcliff on Jul 8, 2024 13:39:33 GMT
There is a gray area with empty properties in the UK, I have made inquiries to various councils asking for data on their empty properties, I would rather renovate or purchase properties already built, than build more. None of them are clear, and it's very sketchy, I reckon the empty properties lying empty in the UK would ease hundreds of council waiting lists, also we have foreign investors especially in London sitting on millions if not billions of pounds worth of property, some of them haven't been lived in years, maybe Reeves should start as a example targeting these types. How? Taking the ''all property is theft'' Marxist line so the state is going to take it over for its own use - or what? |
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Post by sandypine on Jul 8, 2024 13:44:06 GMT
Green space absorbing CO2 and giving off oxygen, a place for people to walk dogs possibly or just enjoy the sunshine and the open space. Maybe some wild flowers, small birds, bumble bees or useful crops and harvest mice who knows but soon to be lost. We have already been in Big Yellow Taxi land but this will be far worse. Perhaps Silent Spring will return. As I said in 97 I was full of hope now I have become pretty despondent and full of foreboding with houses everywhere and net zero casting its shadow on the future. I dont think were talking about country side but gave a example You called it 'green' if it is green it works as described above. |
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Post by Fairsociety on Jul 8, 2024 13:59:42 GMT
There is a gray area with empty properties in the UK, I have made inquiries to various councils asking for data on their empty properties, I would rather renovate or purchase properties already built, than build more. None of them are clear, and it's very sketchy, I reckon the empty properties lying empty in the UK would ease hundreds of council waiting lists, also we have foreign investors especially in London sitting on millions if not billions of pounds worth of property, some of them haven't been lived in years, maybe Reeves should start as a example targeting these types. How? Taking the ''all property is theft'' Marxist line so the state is going to take it over for its own use - or what? No not take it off them, but make the owners use them, convert them into affordable homes, this is a example ..
The firm said that equates to non-UK buyers accounting for 2.76% of London's total existing housing stock (valued at just over £2 trillion). In the City of Westminster, foreigners own nearly 13% of all homes. In Kensington and Chelsea it is more than 10%
That's just Westminster ^^ some of these empty properties are like mansions, yet there are homeless people nearby sleeping in cardboard boxes, let's hope Rayner levels things up.
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Post by andrewbrown on Jul 8, 2024 14:11:39 GMT
That was the purpose of the long term empty premium in council tax. Of course it only applies to homes that are empty and unfurnished. If it's furnished it counts as a second home and no premium applies (although the discount is abolished for most councils).
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Post by sandypine on Jul 8, 2024 14:15:26 GMT
There is a gray area with empty properties in the UK, I have made inquiries to various councils asking for data on their empty properties, I would rather renovate or purchase properties already built, than build more. None of them are clear, and it's very sketchy, I reckon the empty properties lying empty in the UK would ease hundreds of council waiting lists, also we have foreign investors especially in London sitting on millions if not billions of pounds worth of property, some of them haven't been lived in years, maybe Reeves should start as a example targeting these types. How? Taking the ''all property is theft'' Marxist line so the state is going to take it over for its own use - or what? It is a tricky one but one only owns property because the country as a unit decides that one should. The state is, arguably, the people and if they so decide to utilise property by force that is not outside the powers they already have for as regards compulsory purchase. The motorway system arose because people were forced out of their homes in many examples and before that the railways dislodged vast numbers. Property is not sacrosanct if the country needs it. |
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Post by Fairsociety on Jul 8, 2024 14:32:23 GMT
That was the purpose of the long term empty premium in council tax. Of course it only applies to homes that are empty and unfurnished. If it's furnished it counts as a second home and no premium applies (although the discount is abolished for most councils). Take London for a example, we have key public sector workers who cannot afford to buy or rent in London, there is the hospitality industry, and then we have the NHS most working in one of the London hospitals have to make long commutes because they live well outside London, it would solve a lot of these problems if these empty properties were made affordable and available for rent to key public sector/civil servants, doctors, nurses, and other key industries.
It seems pointless foreign investors sitting on billions of pounds worth of investment properties doing nothing while these properties could be put to good use.
There is no land to build on in London, and if there is it comes at a massive premium, meaning developers want maximum returns for their builds, yet again making them only affordable to wealthy investors, who too will want maximum returns.
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Post by Bentley on Jul 8, 2024 14:47:18 GMT
There is a gray area with empty properties in the UK, I have made inquiries to various councils asking for data on their empty properties, I would rather renovate or purchase properties already built, than build more. None of them are clear, and it's very sketchy, I reckon the empty properties lying empty in the UK would ease hundreds of council waiting lists, also we have foreign investors especially in London sitting on millions if not billions of pounds worth of property, some of them haven't been lived in years, maybe Reeves should start as a example targeting these types. How? Taking the ''all property is theft'' Marxist line so the state is going to take it over for its own use - or what? I agree. |
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Post by Fairsociety on Jul 8, 2024 14:48:51 GMT
Putin probably has billions worth of property in London, he seems to be doing well out of it, he wont be using those assets to fund his Ukraine war, I can tell you.
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Post by Fairsociety on Jul 8, 2024 14:51:52 GMT
Don't let me forget either, the wealthy Arabs who fund Hamas terrorists, they are sitting on billions of UK properties, but Labour wont go near them for obvious reasons.
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Post by andrewbrown on Jul 8, 2024 14:52:30 GMT
That was the purpose of the long term empty premium in council tax. Of course it only applies to homes that are empty and unfurnished. If it's furnished it counts as a second home and no premium applies (although the discount is abolished for most councils). Take London for a example, we have key public sector workers who cannot afford to buy or rent in London, there is the hospitality industry, and then we have the NHS most working in one of the London hospitals have to make long commutes because they live well outside London, it would solve a lot of these problems if these empty properties were made affordable and available for rent to key public sector/civil servants, doctors, nurses, and other key industries.
It seems pointless foreign investors sitting on billions of pounds worth of investment properties doing nothing while these properties could be put to good use.
There is no land to build on in London, and if there is it comes at a massive premium, meaning developers want maximum returns for their builds, yet again making them only affordable to wealthy investors, who too will want maximum returns.
Totally agree, other than the statement that there is nowhere for development in London. |
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Post by Fairsociety on Jul 8, 2024 14:58:22 GMT
Take London for a example, we have key public sector workers who cannot afford to buy or rent in London, there is the hospitality industry, and then we have the NHS most working in one of the London hospitals have to make long commutes because they live well outside London, it would solve a lot of these problems if these empty properties were made affordable and available for rent to key public sector/civil servants, doctors, nurses, and other key industries.
It seems pointless foreign investors sitting on billions of pounds worth of investment properties doing nothing while these properties could be put to good use.
There is no land to build on in London, and if there is it comes at a massive premium, meaning developers want maximum returns for their builds, yet again making them only affordable to wealthy investors, who too will want maximum returns.
Totally agree, other than the statement that there is nowhere for development in London. Let's say there was, it would be well out of the reach of ordinary London workers. |
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Post by Fairsociety on Jul 8, 2024 15:03:00 GMT
Gulf Royals Own £1 Billion UK Property Via Tax Havens: The royal families of Saudi Arabia, the United Arab Emirates, Bahrain and Qatar, as well as Jordan, own more than £1 billion ($1.2bn) worth of property in Britain through offshore tax havens such as Jersey and the British Virgin Islands, the Guardian has revealed. The combined portfolio has nearly 200 properties, including hotels, mansions and country estates, belonging to at least one member of the ruling families of the four Gulf states and the Hashemite Kingdom. Holding properties through offshore companies is legal in Britain, but a law was passed last year demanding that individuals should declare ownership through such structures with Companies House by tomorrow, 31 January 2023
Think I will contact Labour and remind them of this ^^^
That's why these properties are lying empty because no fucker in the government knows who owns them.
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Post by Pacifico on Jul 8, 2024 15:29:23 GMT
I'm would not be comfortable with the State confiscating an individuals personal property simply because it is being used in a way that the State disapproves of.
If the Government want more housing available for the homeless then build more housing - or reduce demand for the amount of housing we have.
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Post by Fairsociety on Jul 8, 2024 15:37:22 GMT
I'm would not be comfortable with the State confiscating an individuals personal property simply because it is being used in a way that the State disapproves of. If the Government want more housing available for the homeless then build more housing - or reduce demand for the amount of housing we have. No one has mentioned 'confiscating individuals personal property' ... the government couldn't even do that anyway with foreign investors because they don't actually know who owns them, and they aren't owned by individuals.
They hide behind offshore havens, I'm not comfortable knowing that some of these offshore foreign investors are investing in the likes of funding Hamas terrorists.
It's a smoke screen to call them personal individuals, these are offshore companies using the UK as a tax safe haven, personally I hope they strip all these types of companies of their assets.
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