An innovative scheme aimed at bringing empty homes back into use has led to three Goole properties going on sale at a heavily discounted rate to help first time buyers get on the property ladder.

The Homesteading scheme forms part of East Riding of Yorkshire Council’s Advance Goole regeneration programme and also reflects the aims of its Housing Assistance Policy. The idea is to improve the standard of private sector housing in Goole and make it possible for more people to own and live in their own homes, as well as ensuring that privately owned homes are not left to stand empty for long periods of time.

The three properties that have recently gone on the market are located on Newport Street, Heber Street and Sutton Street, and are offered for sale with a 25 per cent discount off the final purchase price. For example, if a would-be buyer was to offer £48,000, the final purchase price (with the discount) would be £36,000.

To qualify for the special discount, you will need to be an existing Goole resident and must live in the house for a period of ten years, rather than using it as an investment property by quickly selling it on or letting it out for a rental income. If the properties are sold within five years, the discount must be paid back. Grants to help cover the cost of repairs and improvements may also be available.

To apply to buy one of the houses, potential buyers must submit a completed ‘application to purchase’ form; an estimated price for repairs (subject to future production of a priced schedule of work); and a letter from their lender confirming that they have a mortgage agreement in principle.

Councillor Jane Evison, portfolio holder for housing, said: “All three houses had stood empty for some time and it’s really pleasing to see that work carried out behind the scenes to bring them back into use has paid off, and we can now offer them for sale to first time buyers in this way. It’s extremely difficult for many young families to get a foot on the property ladder and this should give three households a much-needed helping hand.

“It’s great news for first time buyers and also for the communities in which these properties are located as empty properties are all too often neglected and can have a negative effect on their surroundings.”

Anyone interested in purchasing the properties can contact Rachel Urwin, assistant valuation and estates surveyor, on (01482) 393933.