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Vivaldo

Government Questioning 90% Tax Hike On 2nd Homes

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Hello again HPC guys and gels. Here iz a cause that we can all get in to - "His authority was the first to raise council tax from 50 per cent to 90 per cent on second homes - producing £1.7 million to fund social housing - although the move is currently being questioned by the Government." Lets go after the government on this one and support Yonge. As a libertarian socialist, I'm amazed to be agreeing with a Tory!!!!!!!!!!!

Any Dumnonians who can tell us more 'bout this. How is the government questioning the 90% council tax.

http://www.telegraph.co.uk/property/main.j...1/ixptop12.html

In south Devon, even former council houses are being sold as second homes in Dartmouth. In East Portlemouth, across the Kingsbridge estuary from Salcombe, outside ownership has reached 55 per cent, if you include homes that have been turned into holiday lets. In Salcombe, three out of every five properties is a second home.

But Richard Yonge, a local farmer and the Tory leader of South Hams District Council, also blames Home Counties pensioners who retire to the West Country. "It's between 20 and 25 per cent in some villages," he says. "The difference in house prices between here and the South-East is not very great, but incomes are. Artisan wages here are very low. We need more housing."

His authority was the first to raise council tax from 50 per cent to 90 per cent on second homes - producing £1.7 million to fund social housing - although the move is currently being questioned by the Government. It has also introduced covenants that restrict council house re-sales to locals. In one recent case, a property that would have fetched £360,000 on the open market sold for £220,000. "But that is still a lot to expect a local worker to find," says Mr Yonge.

Edited by Vivaldo

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In East Portlemouth, across the Kingsbridge estuary from Salcombe, outside ownership has reached 55 per cent, if you include homes that have been turned into holiday lets. In Salcombe, three out of every five properties is a second home.

These kinds of statistics are astonishing, and affect so many people, yet it's never given any real prominence as a national political issue.

And yet the Westminster / media bubble are dominated for days by witch-hunts on politicians like Tessa Jowell.

What amazes me is that even today when pensions crisis is reported, very rarely if at all do I see any reference to how this has tied in to the housing market.

Everyone in society is missing the point as to where all these problems in society are coming from. The VIs are seeing that the real issues are silenced.

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I remember hitching a lift off a local lad when I was down in the South Hams for the 1999 solar eclipse. He was a chef who lived with his parents. He couldn't afford to buy a house in the area and said most of his old schoolmates had moved away. He mentioned that East Portlemouth had over 50% holiday-homes then and agreed with me that it contributed to the closure of local shops, schools, pubs and bus services.

There's no easy solution -- at least not in a free society -- but, levying 90% Council Tax would seem a sensible move. Many holiday-homes are held because they are a 'good investment' -- so the phenomenon is a symptom of House Price Inflation as well as a contributory cause. If people didn't think that "house prices always go up" then I suspect there would be much less interest in owning such property.

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I will write to my MP, John Maples (C. Stratford area), and suggest this be taken up as part of the NuTory partyline. They are showing a radical side that may be appealing to the centre. I have always felt that 2nd homes should be taxed (Brown's government gives tax discounts for 2nd homes) as public policy given the shortage of reasonably priced housing. With NuLabour clearly more right wing than Maggie (with privitisation of everything--including essential services, ID cards, HPI, crass materialism fostered by lack of lending standards, elimination of NHS dentistry and so forth) a good centrist party has a chance. The LibDems are still too "purpleshirt" for popular taste and the protest vote will never be enough.

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Why oh why is the solution always 'more homes'. If every rich tosser in the South East is to be allowed to hoover up a second home or three everywhere, we'll need millions of new homes to compensate for the loss of real homes for real people.

Instead of building millions of new homes to cope with the fall out of seond home greed, why don't we build a few more nice hotels, and place 5000% council tax on second homes. Then these idiots can visit the Westcountry without trying to buy up everything they see on a whim.

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Why oh why is the solution always 'more homes'. If every rich tosser in the South East is to be allowed to hoover up a second home or three everywhere, we'll need millions of new homes to compensate for the loss of real homes for real people.

Instead of building millions of new homes to cope with the fall out of seond home greed, why don't we build a few more nice hotels, and place 5000% council tax on second homes. Then these idiots can visit the Westcountry without trying to buy up everything they see on a whim.

Couldn't agree more :)

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It has also introduced covenants that restrict council house re-sales to locals. In one recent case, a property that would have fetched £360,000 on the open market sold for £220,000.

These people really are scum. Why should some inbred "local" from Devon get his house for 140,000 less than a Londoner? Whatever happened to equality?

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In one recent case, a property that would have fetched £360,000 on the open market sold for £220,000.

Maybe that's why the Halifax figures for that area look so bad :o

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I would recommend ( don't take my word for it) if you can afford a second home, don't buy it in the uk. Less taxes and better value for money outside.

Don't keep all your eggs in one basket. ;)

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  • 302 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
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