Grant Shapps: New homes bonus is paid in respect of net
additions to housing stock, and is calculated according to the council tax
banding of new supply. The particular proposed uses for new supply are not
collected, and it is not therefore possible to provide a precise figure for the
number of units qualifying for new homes bonus which were student
accommodation, or the associated costs.
As a guide to increasing levels of student accommodation, the number of
dwellings qualifying for an exemption from council tax on the grounds of being
a hall of residence provided predominantly for the accommodation of students
increased by some 4,600 between September 2010 and September 2011 (DCLG Statistical
Release—Local Authority Council Taxbase 2011, published November 2011).
Increases in dedicated student accommodation will have a beneficial effect on
the wider housing supply, by taking pressure off private rented accommodation.
Rachel Reeves considering rent freeze to limit Iran war fallout
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