New figures have revealed the number of empty homes in the UK is now at 203,596, the lowest level since records began.
While this is a significant drop from 318,642 vacant properties in 2004, there has also been an increase in the number of owned-occupied homes for the past year after seven years of decline.
The downward trend in ownership is continuing to level out after a fall from 69.5% in 2002 to 62.5% in 2015 and 62.8% in 2014.
A number of measures have been introduced by the government to get homes back into use, such as increasing Council Tax on empty properties and rewarding councils for bringing empty homes back in to use through the New Homes Bonus.
In addition, £20 billion is being committed over the next five years to help build one million new homes by 2020.
Housing and Planning Minister Brandon Lewis said: "We are turning around the housing market and making sure the best use is made of all housing including empty homes.
"We are very clear that a house should be a home which is why we have taken action to stop homes being bought up and left as an empty investment."
(LM)
Construction News
28/04/2016
UK Empty Homes At Lowest Level Since Records Began


30/06/2025
Places for London, Transport for London's wholly owned property company, has announced Ballymore as its joint venture partner for the transformation of the Limmo Peninsula in east London.
The partnership will see the creation of around 1,400 new homes, spanning affordable, market, and rental tenur

30/06/2025
Balfour Beatty, in partnership with Laing O'Rourke and Bouygues Travaux Publics, has officially signed the Programme Alliance Agreement with Sizewell C to deliver the main civil works at the UK's next nuclear power station.
The three companies will operate as the Sizewell C Civil Works Alliance (CW

30/06/2025
Morgan Sindall Construction and Southampton City Council have officially broken ground on the £36 million transformation of the city's historic Outdoor Sports Centre, marking a major milestone in one of the region's most ambitious regeneration projects.
A ceremonial event to celebrate the start of

30/06/2025
Doncaster Council has officially received a new collection of affordable homes at the Nutwell Grange development in Armthorpe, as part of a housing partnership with housebuilder Persimmon.
Deputy Mayor Glyn Jones and Councillor Majid Khan visited the site this week to mark the handover of eleven on

30/06/2025
Winvic Construction Ltd has announced the shortlisting of seven awards at this year's prestigious 'Inspiring Women in Construction and Engineering Awards' (IWCE).
The shortlist celebrates both individual excellence and Winvic's company-wide commitment to advancing equity and inclusion in the built

30/06/2025
Alder Hey Children's Hospital and construction partner Morgan Sindall are celebrating a significant milestone in the development of a new facility that promises to transform care for children and young people.
The structure of the new building, which will house a state-of-the-art surgical neonatal

30/06/2025
Henry Boot PLC has announced that its land promotion and planning arm, Hallam Land Management, has completed the sale of a freehold site in Yalding, Kent, to housebuilder Fernham Homes.
The site has full planning permission for 112 residential units.
The sale has generated an ungeared internal ra

30/06/2025
A St Mungo's care home in Islington for people affected by homelessness has reopened its doors after a transformative refurbishment delivered by volunteers from delivery consultants and construction specialists Mace.
The six-week project, led by 46 Mace volunteers, saw the complete redesign and re-

30/06/2025
Galliford Try has marked a key construction milestone at its flagship project, The Rise, with a topping out ceremony celebrating the completion of the building’s structure at Guildford Crescent in the heart of Cardiff.
Once completed, The Rise will become Cardiff's tallest building, delivering 272

30/06/2025
Thousands more young people in the North East will be trained for careers in the fast-growing green energy sector thanks to an £8.48 million investment approved by North East Mayor Kim McGuinness and her Cabinet.
The funding will support the expansion of Newcastle College's Energy Academy in Wallse