Tuesday, 20 August 2013

Empty Home Council Tax Levy Proposed

Camden Council wants to charge owners of long-term empty homes an extra 100% on their council tax.  The government already allows local councils to charge an extra 50% council tax on homes that have stood empty for more than two years.  The north London council also wants to charge extra tax on homes that have been empty for more than one year.  Camden was found to be the least affordable UK area in a study, with mortgage payments at 53% of income.  Camden has called on the CLG to consider reducing the minimum period a house has stood empty to one year from two years and levy a premium of up to 100% on the council tax charge.  Read more on the BBC website.

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