The extension of right-to-buy to housing association
tenants has served to discourage rural landowners from making sites available
for new affordable homes, according to country business lobby CLA. The
organisation, which represents landowners, farmers and rural businesses, has
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. 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 Housing Excellence.
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