Tuesday Nov 26, 2024
Episode 25 - Empty Property Hunting (with Simon Taylor)
In this episode, Ruban Selvanayagam from national homebuying company Property Solvers delves into the fascinating world of empty property finding with Simon Taylor, the driving force behind Empty Property Hunters. Simon's unique approach focuses on uncovering abandoned and neglected properties, reconnecting them with owners, and giving them a new lease of life.
With a rich background in estate agency and a passion for adding value to properties, Simon shares the journey that led him to focus on empty homes. From tracing owners across continents to dealing with complex probate cases and sentimental attachments, Empty Property Hunters is on a mission to bring these dormant assets back into use.
Simon highlights some shocking statistics: over 300,000 homes in England alone are sitting empty, a number that dwarfs the country's homeless population. He shares the challenges and quirks of this niche market, such as uncovering properties left abandoned for decades or persuading owners who aren’t motivated by money to consider selling.
This episode is packed with insights, from spotting the telltale signs of an empty property to how Simon's team uses everything from neighbourly chats to advanced tools like Ancestry to track down elusive owners.
With a rich background in estate agency and a passion for adding value to properties, Simon shares the journey that led him to focus on empty homes. From tracing owners across continents to dealing with complex probate cases and sentimental attachments, Empty Property Hunters is on a mission to bring these dormant assets back into use.
Simon highlights some shocking statistics: over 300,000 homes in England alone are sitting empty, a number that dwarfs the country's homeless population. He shares the challenges and quirks of this niche market, such as uncovering properties left abandoned for decades or persuading owners who aren’t motivated by money to consider selling.
This episode is packed with insights, from spotting the telltale signs of an empty property to how Simon's team uses everything from neighbourly chats to advanced tools like Ancestry to track down elusive owners.
#EmptyProperty #EmptyProperties #FindEmptyProperty #EmptyPropertyHunters #WeBuyAnyHouse
LINKS (RESOURCES) REFERRED TO IN THE PODCAST
Follow Simon Taylor on LinkedIn
RELEVANT LINKS
Property Solvers Investor Profiling
Property Solvers (Sell House Fast)
Property Solvers (We Buy Any House)
TIMESTAMPS
00:10 - Introduction of Simon Taylor from Empty Property Hunters00:21 - Background of Simon’s career and passion for property
00:54 - Founding and growing of Empty Property Hunters
02:58 - Encouraging public involvement in reporting empty homes
03:59 - Discussion of the scale of empty homes in England
04:30 - Importance of repurposing abandoned properties
02:58 - Encouraging public involvement in reporting empty homes
03:59 - Discussion of the scale of empty homes in England
04:30 - Importance of repurposing abandoned properties
05:21 - Common reasons properties remain empty
06:54 - Challenges with owners not motivated by money
07:40 - Costs associated with leaving properties empty
08:33 - Risks of squatters in empty properties
09:49 - Explanation of Bona Vacantia and ownerless properties
12:31 - Process of selling ownerless properties through auctions
12:59 - Common signs of empty homes
14:29 - Appearance of properties deceiving actual occupancy
15:02 - Simon’s process of tracing empty property owners
16:32 - Neighbours as a valuable source of information
17:42 - Tools and techniques used for finding property owners
19:10 - Joint ventures and incentives for identifying empty homes
20:58 - Submitting property leads to Empty Property Hunters
22:07 - Addressing the issue of widespread empty homes
23:55 - Increasing number of empty properties across the UK
24:14 - Potential for repurposing commercial properties
25:26 - Conclusion and how to report empty properties
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