Labour is progressing plans to take “land profiteering”
out of the housing market with a new agency specifically set up to let councils
and developers buy sites cheaply from private owners to boost low-cost homes.
Through a change in law, the proposed Sovereign Land Trust (SLT) – unveiled by
shadow housing secretary John Healey last year – would buy agricultural land at
“near current-use value” rather than the inflated prices it sells for when
earmarked for development. The new trust would have the potential to purchase
non-green belt land on the edge of cities and parcel it out for development to
councils and housing associations. Read more on 24housing.
Leasehold ban in England and Wales unlikely before next general election,
minister says
-
Matthew Pennycook says ending system must be done slowly to avoid hitting
housing supply and legal pitfalls
A ban on new leasehold properties in England ...
11 hours ago
No comments:
Post a Comment