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Heavier Tax On Second Homes - Tories are now as keen as Labour

A poll of Conservative voters shows strong majorities for higher taxes on second homes and empty properties, and tougher demands on developers to build affordable homes.

The survey is by polling company YouGov and The Guardian newspaper.

Some 68 per cent of those questioned wanted higher taxes on holiday lets and second homes, with a similar number wanting more tax on owners of empty homes too. And two-thirds of Tories in the UK want new-build developments to include more affordable homes.

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But it was the rental sector that brought, arguably, the most surprising results.

A large minority of Conservative voters – 39 per cent – go much further than the government and want private renters to be given indefinite tenancies which can only be ended when a tenant wants to move or in cases of criminal damage or severe rent arrears. 

This appears to be even more pro-tenant than last week’s Levelling Up White Paper which insists landlords ensure their private rental properties meet the Decent Homes Standard - originally designed for social housing - and which also plans to end Section 21 repossessions, consult on a national register of landlords and develop plans to better tackle rogue landlords.

 

“There is support among both Labour and Conservative voters for almost all the policies we asked about” a spokesperson for YouGov told The Guardian. 

“While Labour voters tend to be more strongly in favour of these policies, foreign investment in the UK house market is more unpopular with Conservatives – 56 per cent of Tory voters would support an end to non-domiciled property ownership, compared with 45 per cent of Labour voters.”

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    Very much depends on the way the question was formatted
    YouGov are notoriously diligent in getting the answers they want
    Yet another blinding attack on the middle class who have tried to do ok and plan for their future

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    Another crazy move with the government yet again getting involved in the housing industry that it does not understand. The last tax hikes and removal of tax allowance to offset mortgages against properties saw an enormous rate of landlords sell some or all their portfolios thus reducing the rental stock available.
    Rental stock is already very low with an over subscription for properties becoming available.
    Further tax increases will only force more landlords out of the rental sector further reducing the amount of stock available, which in turn will further push rental prices up and cause further stress on tenants.
    Buyers currently require approx. 5-10% deposit to purchase a property with good credit rating and good employment income to qualify for a mortgage. Without those qualifying requirements those buyers will remain renters paying a high price due to low rental stock.

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