Shops: Empty Property
The question
To ask the Secretary of State for Housing, Communities and Local Government, what assessment her Department has made of the potential merits of providing additional funding to local authorities to support the use of High Street Rental Auctions in areas with persistent commercial vacancy.
Answered by Ministry of Housing, Communities and Local Government
Local authorities are not required to notify the Department if they adopt High Street Rental Auction (HSRA) powers and therefore the Department does not hold comprehensive data on take-up. However, through regular engagement with local authorities, we are aware of more than 40 councils that have either implemented or are actively preparing to use HSRAs.
The Government recognises that there are costs associated with implementing the powers and is currently gathering evidence from local authorities to review the HSRA new burdens payments. Through this engagement, councils have highlighted additional costs associated with identifying suitable vacant premises and refurbishment of long-term vacant premises. To that end, the Government has announced a £10 million funding package to support HSRA implementation. Further details will be made available in due course.
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