The CLA which represents landowners, farmers and rural
businesses told a cross-party group of MPs that landowners have the potential
to inject life into rural areas by making land available to house young
families, local workers and older people seeking to downsize or retire. But the
organisation warned that government policies such as extending the Right to Buy
to housing association tenants discouraged landowners from making sites
available because the homes would become unaffordable in the future. The CLA is
calling for the government to encourage landowners to release land at a
discount for affordable housing by exempting the value of land sold for
affordable homes from Capital Gains Tax. Read more on 24housing.
Reeves examines using private sector funds to speed building of new towns
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Chancellor in talks with banks and investment funds about public-private
partnerships to build infrastructure
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