UK Parliament / Open data

Housing and Planning Bill

In terms of the perpetual restriction, does the noble Lord think that it would be possible to discount the sale price by the 20% on every sale for perhaps 20 years or in perpetuity so that no money changed hands? The sale price would be paid, and as far as the buyer was concerned the property would be priced in competition with other kinds of property. I

would have thought that that would be a mechanism to secure the preservation of the 20% discount.

3.45 pm

About this proceeding contribution

Reference

769 cc1004-5 

Session

2015-16

Chamber / Committee

House of Lords chamber

Subjects

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