The Mayor of Liverpool is handing over the keys to the first person in the city to receive a home for a pound.
The council is selling 20 derelict houses in Granby at a bargain price as a way to breathe new life into the area.
The lucky homeowners have had to show they are capable of doing the house up to a reasonable standard and must sign a contract to live in the property for five years and not sublet it.
The council estimates it will cost the new owners 35 thousand pounds to refurbish each house.
They have set a deadline of a year for the work to be completed
More top news
Ember McNamara is the face of a new recycling campaign, trying to get grown-ups to protect the planet for generations to come
Detectives hope the large sum on offer will persuade someone to reveal what happened to Martin Joyce
In a speech at Labour’s conference in the city, Dawn Butler approvingly cited the 1980s’ councillors who set an illegal budget in protest at