My Lords, this is all relative. When house prices come down, the next house up on the ladder will also be cheaper. Under the proposal of the noble Lord, Lord Best, after five years the couple in question would benefit from a quarter of the discount. I accept that after 20 years they would benefit from the whole discount. I know there is not agreement in the Committee about this, but we want people who work hard and want to move up the housing ladder to be able to do so.
Housing and Planning Bill
Proceeding contribution from
Baroness Williams of Trafford
(Conservative)
in the House of Lords on Thursday, 3 March 2016.
It occurred during Committee of the Whole House (HL)
and
Debate on bills on Housing and Planning Bill.
About this proceeding contribution
Reference
769 c1018 Session
2015-16Chamber / Committee
House of Lords chamberLibrarians' tools
Timestamp
2016-03-09 17:49:58 +0000
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