Party property policies ahead of the General Election

As a Commercial and Residential Development Specialist, Poole-based Richard Carr is paying particular attention to the property policies of each party ahead of next month’s UK General Election.

Richard Carr Miliband vs CameronA variety of topics and subjects have been suggested as key areas ahead of the election, however the general consensus has been that whichever party can get it right on politics could have the edge.

Despite months of talk and now two TV debates, does the general public know where each party stands on property?

If you do, well done! If you don’t, Richard Carr has made it easy.

Conservative

  • Build 275,000 affordable homes by the 2020
  • Make 200,000 new homes available at 20% discounts for first time buyers for under 40s
  • They won’t enforce a mansion tax
  • Deliver 10,000 new homes below market rent
  • The party has no desire to implement rent caps
  • Explore the building of new garden cities, with local support

Labour

  • Labour plan to build 200,000 new homes each year
  • Introduce a mansion tax
  • Double Council Tax on properties left empty for more than a year
  • They would want to see a 50% increase in first time buyers by 2025
  • Planning to be speed up for schemes with 10 units or fewer
  • Explore the building of new garden cities and suburbs
  • Tenants in the private rented sector (PRS) would no longer have to pay letting agents fees
  • Labour would introduce a national register of landlords
  • They would make three year tenancies in the PRS the norm and create a ceiling on rental increase over these tenancies

Liberal Democrats

  • The Lib Dems would build 300,000 new homes every year
  • Introduce and enforce a mansion tax
  • Increase shared ownership in the UK
  • Help for first-time buyers with policies such as the rent-to-own scheme
  • Encourage local authorities to identify 15 years’ worth of housing supply
  • Explore the building of new garden cities

UKIP

  • UKIP would build 200,000 new homes every year
  • By 2025 they want to see one million homes built on brownfield sites
  • They would review the current government’s Help to Buy scheme
  • The costs of planning applications to be cut by merging planning and building control departments together
  • Approve the exploration of new garden cities, but not on greenbelt land
  • Encourage more landlords to rent their properties to tenants on housing benefits
  • UKIP would not introduce a rent cap for the PRS
  • Opposed to a mansion tax
  • Double Council Tax fees for property left empty for over five years

Homeowners should vote Conservative

Richard Carr’s opinion is fairly straight forward. If you currently own a home and are employed than it’s a no-brainer, you should vote Conservative. A party that wants to lower taxes for all.

On the other hand, Labour almost drove the country into the wall. Richard believes that people should vote for the party which is tested and working well. Ed Miliband is against business and believes that the time has come for change. He believes in collective ownership, a classless society.

He is seen pictured in a sparse kitchen because he wants people to think that is how he lives and how others should. Richard believes that he is no different to Tony Blair and even the late Anthony Wedgewood Been who told us what they think we want to hear.

People who vote for Miliband must want a leader who is going to experiment using his ideological thinking, taught to him by his father who openly admitted that he was a Marxist.

Voters should remember that Miliband was a part of the team that left a note in the treasury saying that there wasn’t any money left because they had spent it all!

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