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Vale of Glamorgan

Please see below a list of schemes accessible for empty property owners in the Vale of Glamorgan. 




VAT discounts

We are committed to working with empty property owners to make the necessary improvements for a property to become reoccupied.

VAT discounts available

If you are planning to renovate an empty property, you may be eligible for a reduced VAT rate on renovation costs. Discounts can apply to labour and materials expenses, significantly reducing the overall costs of bringing a property back into use. The property should have been empty for at least two years before renovation work begins to qualify. Listed below are VAT discounts that can be obtained.

  • VAT Notice 708 (Building and Construction – HM Revenue & Customs) Properties unoccupied for two years can qualify for a reduced VAT on building works. The discounted VAT rate is currently 5%, compared to the standard 20%. 
  • VAT Notice 708/6 (Energy Saving Materials – HM Revenue & Customs) Reduced VAT rates apply to energy efficiency or energy-saving measures being installed. These discounts may apply to works to bring an empty property back into use. 

Additional VAT discounts are available for residential properties that have been empty longer than ten years, the conversion of a non‐residential building into a dwelling, and a change in the number of dwelling units. To learn more about VAT notices and eligibility criteria, click the 'VAT Notices Available' link below. If you have questions regarding the duration a property has been vacant, contact us here.

How can Shared Regulatory Services assist? 

Upon request, SRS can write an official letter to the property owner confirming when a property became vacant. To request a letter, contact us here. Please Note: Only HMRC can decide the work eligible or confirm the reduced VAT rate that applies to your property. 

Further Information

We encourage you to use the links below for further guidance on VAT Exemption Notice 708 and any queries you should have can be directed to HMRC using the contact details provided. 

Selling a property by Auction 

Auctions are a quick and secure way of selling your home that can accommodate properties of all conditions. They are typically held on a monthly or quarterly basis and can be found in various locations across South Wales.

Advantages of selling a property by Auction

Selling properties at auction has become increasingly popular, especially for people with more than one property. There are many advantages to this type of sale.

Auctions typically have a more targeted audience made up of developers, cash buyers, investors, and portfolio property owners. Auctions can attract a diverse mix of potential buyers advantageous if the property you are selling is unusual or requires attention.

The purchaser is legally required to complete the sale of a property.No lengthy negotiation process is involved, allowing contracts to exchange on the day of the auction that commits the purchaser legally.

Speed of sale 

The process is fast-paced and transparent, making it an attractive option for buyers and sellers. On average, it takes 20 working days to complete the sale once agreed upon. 

The price of your property could be increased due to the bidding processIf your property attracts high interest at auction and multiple people bid, the sale price could surpass guide prices. 

Setting realistic guide prices can achieve better sale pricesAuctioneers determine the guide price, but the seller can set a minimum asking price.  

Chain-Free Selling Increases sale security. A sale agreed upon will happen.

How do I decide which auctioneer to use?

Auctioneers typically charge around 2% - 3% plus VAT of the sales price achieved (which may be subject to a minimum fee). Some auctioneers request an upfront catalogue entry fee of around £200 - £300 plus VAT. The seller is also responsible for paying for the preparation of a legal pack before the auction (this may cost around £300 plus VAT).

To find upcoming auction dates in your area, please click here.