Landlords - could this be you?
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Private landlords in the London Borough of Barnet are being offered a generous grant to help bring empty homes back into use. This initiative is a positive step in addressing the housing shortage in London, where demand for rental properties continues to rise.
Housing supply is a major issue in the capital, and it is encouraging to see a local authority taking proactive steps to make use of empty properties. The Barnet Council is not just talking about solutions—it is offering real financial support to landlords willing to help tackle the problem.
The good news for landlords is that grants of up to £25,000 are available to refurbish or convert commercial properties into residential units. This funding can help cover essential repairs, upgrades, and conversions to make properties rent-ready.
The amount of financial support depends on the size of the property:
- £15,300 for a one-bedroom property
- £20,400 for a two-bedroom property
- £25,000 for a three-bedroom property
Additionally, an extra £2,500 bonus is being offered to landlords who sign up by 30 November—a great incentive to act quickly!
To qualify for the grant, landlords must agree to rent out the property once the necessary renovations or conversions are complete. This ensures that the grant serves its purpose: boosting the availability of rental homes in Barnet.
If you are a landlord with an empty property in Barnet, now is the time to take advantage of this offer. To apply for an Empty Homes Grant, call 0208 359 4359. If this initiative proves successful, it could inspire other London boroughs to introduce similar schemes. More councils investing in bringing empty properties back into use could be a big win for landlords, tenants, and local communities alike. Here’s hoping!