The ‘empty house’ phenomenon in sought-after areas is growing and growing. And now a London council have plans to put in place a scheme which, they hope, will stop this once and for all. Now, “buy-to-leave” investors could be fined up to £60,000 in an attempt to attack empty housing. This new plan only affects new-builds, so established developments are safe from the injunctions and threat of penalties. Anyone who newly builds a development of more than 20 dwellings will need to be able to prove that the properties are lived in for at least 14 days out of three […]