You know it's not just a quid right? You also have to pay £20k for the council to refurbished the place too!
The council refurb the place ? Sure whats the ****ing point 20 grand for them and then another 30 grand to fix their **** ups ... meh. If it was a pound and you do it up but to certain standards thatd be cool
Not necessarily. The council will carry out remedial works on the properties that are in a particularly poor condition to make sure that they are viable for people to work on. Although preference will be given to applicants who have savings to fund the refurbishments, the council is looking at a number of options for helping people who do not have available capital. Successful applicants will be required to live in the property for at least five years, refurbish the house to the Decent Homes Standard and comply with an agreed schedule of works.
Not sure I meet the criteria, I live in Liverpool but am semi retired. Anyway, would you be prepared to live in Liverpool for 5 years?
In a serious response ... Yes Back to being Hash now I could take 5 years to fix the place negating the need to live there Edit. In that particular 1 pound house
The £1 houses are only empty because the tenants all done a moonlight over the border to the picturesque borough of Knowsley for a better life.
Not sure they'd let you sub-let to someone to do the work for you. I hear they have a similar scheme in Stoke - know anybody there?