Monday, 26 January 2015

Tessa Jowell: I Will Tax Owners of Empty Homes in London

Punitive tax penalties would be imposed on the owners of empty homes under a plan unveiled by Tessa Jowell, the senior Labour MP hoping to become Mayor of London. Writing for The Independent, the former Olympics Minister pledged to tackle the "scandal" of London's 22,000 empty homes, saying they could house 55,000 people - about half the 114,000 Londoners living in temporary accommodation such as bed and breakfast. Her proposal comes amid amounting controversy over the huge gains made by people who “buy to leave” homes empty, knowing their property will rise in value. Read more on the Independent website.

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