Derelict homes generate profits

Liverpool City Council has generated more than £500,000 in council tax by renovating nearly 500 derelict houses, it has said.

The initiative has been welcomed by local communities as it has helped cut vandalism and reduce the number of properties being used as drug dens.

Councillor Marilyn Fielding said: "This is an excellent initiative.

"It can stop an area going downhill and brings houses back into use for families who desperately need them."