1. ITV Report

How to buy a house for £1 in Stoke

Homes in Portland street and Bond street will be brought back to use Photo: ITV Central

Stoke-on-Trent City Council has launched an application process to sell rundown houses for just £1.

The aim of the high-profile project - which will initially see 35 rundown houses in the city sold under the scheme - is to revamp empty council-owned properties which have fallen into disrepair.

The city council will initially cover the cost of refurbishing the homes and will then sell them for just £1.

However, the new owners will have to pay back the cost of the refurbishment over a set period of time.

It is the latest phase in a £3million project which will see 124 long term empty homes in Portland Street and Bond Street brought back into use.

The homes in Stoke-on-Trent will cost just one pound Credit: PA

"We are now at a very exciting stage in this major project which will see a rundown area of the city transformed.

The project will not only benefit the residents who are currently living next to properties that have been vacant for some time, it will also give families moving into the homes the chance to take their first step on the property ladder."

– Councillor Janine Bridges, cabinet member for housing, neighbourhoods and community safety

The city council is now encouraging eligible residents to submit their application forms in the third phase of the project.

To be in with a chance residents have to fulfill a number of criteria including not already owning a property and having had their primary home in Stoke-on-Trent for the last three years.

For full details of the eligibility criteria go to the Stoke on Trent city council website.