During the holiday season, when expenses tend to rise, many individuals seek ways to boost their finances after the festive period. Roy Foulkes, a retired police officer residing in West Hallam, Derbyshire, has successfully earned over £5,500 in cash and vouchers by identifying and reporting vacant and dilapidated properties to YouSpotProperty since he discovered the platform in 2024.
YouSpotProperty rewards individuals who identify empty homes with a £20 Amazon or M&S voucher initially. If the company purchases, renovates, and sells the property, the spotter receives 1% of the purchase price, capped at £10,000. Roy has accumulated £4,750 in 1% rewards from two properties that YouSpotProperty acquired based on his reports, along with 39 £20 vouchers totaling £780.
The first property that led to Roy’s 1% reward was a neglected house he stumbled upon during a walk in his old beat. Despite previously reporting it to the local council without any action, he found success with YouSpotProperty. The second property, which earned him £1,620, caught his attention near a former ex-local authority house in Derby.
In addition to funding household items, holidays, and experiences with his grandchildren, Roy values the contribution he makes to society by reporting vacant properties. YouSpotProperty, aiming to bring empty homes back into use, distributes an average of 110 £20 M&S or Amazon vouchers monthly to individuals who report eligible properties. The company purchases and revamps properties ranging from £17,000 to £3 million, paying out seven 1% reward fees monthly.
Co-founder of YouSpotProperty.com, Benjamin Radstone, emphasizes the importance of addressing the issue of vacant homes and the company’s role in revitalizing properties and rewarding the public for their assistance.