David Cameron describes the forthcoming election as: “The most important election for a generation.” But, how important is it for property professionals?
David Cameron describes the forthcoming election as: “The most important election for a generation.” But, how important is it for property professionals? Tory policy is mostly contained in two documents: the Conservative Manifesto (April 13 2010) and a Green Paper, Open Source Planning (February 22 2010). The key policies are as follows.
Housing
The Conservatives would increase the stamp duty threshold for first time buyers to £250,000 on a permanent basis. They would also strengthen shared ownership schemes to allow those on low-to-middle incomes to own or part-own their home. Home Information Packs would be abolished.
Council tenants with a record of five years’ good behaviour would be offered a 10% equity share in their social rented property, which could then be cashed in when they wanted to move up the housing ladder. Mr Cameron also wants to introduce a Right to Move scheme to allow every family in social housing the chance to relocate by exchanging their home for another one anywhere in
