What regular auction buyers can expect to see being offered is surplus local authority stock
, much of it needing significant improvement, that is realistically priced and in demand.
The proposal is to advertise properties from local authority stock
, housing associations, private rented homes and low-cost home ownership options throughout Northumberland.
In the housing sector this is going to come to a head shortly because of all the local authority stock
More than a quarter of the local authority stock
- about 25,000 properties - is in such a poor state of repair that the council says demolition is the only answer.