January 1, 1970
Tracing beneficiaries to unclaimed property in Ireland
Did you know that Finders Ireland can trace beneficiaries to unclaimed property, land and assets as well as heirs to estates and funds?
The Irish government has recently announced a substantial increase in funding aimed at addressing the problem of empty and derelict buildings across the country.
The government’s commitment to revitalising abandoned urban places is outlined in a programme, which was recently revealed in an article on Journal.ie.
Combating dereliction
A large amount of money will be allocated as part of the overall plan to combat dereliction and turn eyesores into useful and lively assets for communities. The government hopes to solve this long-standing issue to improve community aesthetics, draw in new investors and generate job opportunities.
The government’s intention to promote sustainable urban development is demonstrated by this calculated monetary infusion.
Twenty-six communities were given funds to develop Town Centre First plans during the scheme’s pilot phase. An additional twenty-six towns—one in each republican county—have been authorised to create their own Town Centre First plans.
Locally led projects
The programme tries to remember that “every town is different,” thus each of them will get €30,000 for locally-led projects of their choosing.
Derelict homes and empty properties can pose several problems for towns and cities. First off, there’s the economic impact. Empty properties often result in lost revenue for local governments in the form of unpaid property taxes. They can also contribute to decreased property values in the surrounding area, affecting the overall economic health of the community.
Empty and derelict properties are also an urban blight. Derelict properties can detract from the visual appeal of a neighbourhood, contributing to urban blight. This can lead to a perception of neglect and decay, further deterring potential investors and residents from the area.
Safety risks
Empty properties also raise safety concerns. Vacant buildings can attract criminal activity such as vandalism, squatting, drug use or arson. They may also pose safety hazards such as collapsing structures, fire risks or harbouring pests.
Neglected properties can become breeding grounds for mould, pests and other health hazards, posing risks to the health and well-being of nearby residents.
Derelict properties can also contribute to social disintegration within communities, fostering a sense of abandonment and neglect among residents. This can lead to decreased community cohesion and increased social problems.
Empty homes – wasted resources
But perhaps the biggest issue is that empty properties are a wasted resource that could otherwise be used to address housing shortages or urban development needs. In regions facing housing shortages, empty properties exacerbate the problem by withholding potential housing stock from the market.
Given our resources, Finders International, along with your help, can contribute to alleviating Ireland’s housing crisis by searching for and finding the relatives of the deceased owners of empty and derelict properties. This means they can be sold, developed and reintroduced to the housing market.
We provide free advice to all potential clients and can help with the following:
- Grounds maintenance, property decorating as needed, and property safety, and assembling and packing any valuables or personal belongings for shipping or storage
- Alarm and monitor the property, and arrange property insurance
- Inform your neighbours, the police, and the council
- Get estimates from two to three nearby auctioneers in order to sell
- Give local solicitors instructions on the sale conveyance
- Follow the property to the point of sale and give the owner(s) the money
- Tidying up of grounds, decoration of property if necessary, making the property safe.
You can report an empty or derelict property here.