'I've been paid £500 for spotting derelict properties - with thousands to come'

Opportunities are now so rare that developers pay ‘finders’ fees’ to members of the public who spot homes that could be refurbished.

A chronic shortage of housing is driving property developers to desperate measures.

In London, where the crisis is worst, the number of properties currently for sale is around half the long-term average. This is driving up prices and causing a scramble among owner-occupiers and investors.

Editorial Staff

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