Clause 1 - Meaning of ``residential property''and other expressions
Homes Bill
11:15 am
Mr Tim Loughton (East Worthing and Shoreham, Conservative)
The Minister appears to have started making concessions that were not clear. One of the major reasons why three quarters of a million empty homes, which are mostly privately owned, are not brought back into occupation is the cost of the repairs. Ideally, we would like those houses brought back into use to help put people on the housing ladder. It would be a specific disincentive to add yet another cost to selling those properties. It would help his affordable homes policy, with which we all agree, to bring those derelict homes back into circulation by exempting them from that additional stealth tax. It would help bring derelict property back into circulation by acting as a specific incentive.