Tens of thousands of homes left empty despite council waiting lists

3 January 2013 Last updated at 03:03 ET Help

There are thought to be 850,000 empty houses in the UK, despite thousands of families waiting to be assigned a home by their council.

Lancashire has the highest rate of vacant properties in England, and now some private investors are hoping to breathe new life into abandoned housing stock.

Chris Buckler reports.

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