Spot an empty or derelict property in England, and you could earn a £20 Amazon or M&S voucher if you’re the first person to report it to YouSpotProperty.com.
What’s more, if the development company behind the website goes on to buy the property, it will give you 1% of the purchase price – potentially £1,000s for a house in the capital.
It might sound too good to be true, but there have been big successes reported in the news. One woman earned £3,500 for spotting an empty house in Peckham and another got a whopping £6,500 for reporting an empty home in Hendon.
How does it work?
Once you’ve spot a derelict house or flat, you need to fill out a form online at YouSpotProperty.com. It will ask for the address of the property, and any photos you’re able to take of it.
If you’re the first person to spot and report the property, and it meets YouSpotProperty’s criteria (privately owned, not up for sale and no planning permission applied for recently, etc), you get a £20 M&S voucher. It’s normally issued within a month of you reporting the property.
If the company goes on to buy the property, you’ll receive 1% of the purchase price. It’s worth bearing in mind however, that a purchase can take time to negotiate and complete – in the past it’s ranged from a few days to three years after the property was spotted.
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