In the UK today there are many houses standing empty, even though there is an apparent shortage of property. The Halifax are asking that something be done about it.
A recent Halifax survey found that almost two thirds of people thought the government should do more about these empty properties, creating more places for people to live, a better overall environment and potentially regenerating areas that had suffered with a large number of empty properties causing social issues.
The Halifax have asked the government to extend the current council tax and VAT discounts in order to make the renovation of a property a more financially viable option. Such simple measures could transform whole areas of the country and also help protect some of the Greenfield sites that have been under threat from developers.