Islington Council is helping bringing empty properties back into use in an innovative scheme that offers first time buyers financial help with renovation and decoration costs.
The borough has got together with Barnet, Camden, Enfield, Haringey and Westminster Councils in an innovative scheme that will offer up to £25,000 to those purchasing an empty property that has been abandoned or forgotten, to help repair the house to create a liveable home.
Cllr Terry Stacy, Executive Member for Housing and Communities, Islington Council said: "We know many people are prevented from making a home in Islington because of the cost or availability of property.
So this scheme - which shares the very high cost associated with repairing unliveable properties - is great news for first time buyers looking to develop neglected or unused properties into new homes.
And there's more good news for key workers - who may also be eligible for an additional £10,000 towards repairs or conversions."
Those interested in the scheme should contact the North London Empty Properties Scheme on 0800 953 6305.
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Page Last Updated: 29 July 2008