In the UK there is no property value tax - you pay a local "council tax" per property that pays for things like rubbish collection and so on. You get a discoun

In the UK there is no property value tax - you pay a local "council tax" per property that pays for things like rubbish collection and so on. You get a discount on that if your property is empty since you're not putting any strain on those services if no one lives there. Other costs are essentially zero. Insurance is like £0.50/day. Utilities similar amounts for standing charges and minimal usage since it is empty. You might cost the same as like a Starbucks coffee a day when everything is taken into consideration. If course if you have a mortgage, yes, there is a cost there. But that is not so much about the empty property itself and more about your debts.