Property News · November 23, 2017

Empty homes council tax rise unlikely to deter rich owners, say critics


Hammond’s 100% extra tax on vacant property dismissed as ‘joke’ unlikely to hit wealthy buyers or spur re-use of housingThe government’s plan to tackle the housing crisis by increasing council tax on empty homes has been labelled a joke which will have very little effect on the oligarchs, foreign royals and multi-millionaire businesses who own hundreds of expensive vacant properties in the UK. . Related: Key points from budget 2017 – at a glance Continue reading…

Source : theguardian.com
Read more…Empty homes council tax rise unlikely to deter rich owners, say critics

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