Mar
23
Kensington & Chelsea Has Almost 700 Empty Homes Despite Levy
ByAn attempt by the U.K.’s most expensive borough to penalize homeowners who leave properties empty isn’t having much impact.
More than 690 homes in London’s Kensington & Chelsea have been left vacant and unfurnished for more than two years, despite the introduction of a 50 percent levy on council tax for affected homes. That’s up from 660 in April 2015. The highest council-tax rate in the borough is almost 2,100 pounds ($2,620) a year…
Kensington & Chelsea Has Almost 700 Empty Homes Despite Levy
