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Affordable home
Affordable homes
We will help tackle the affordable housing crisis by making available public sector land currently owned by the Ministry of Defence, the Department of Health and English Partnerships, sufficient to build 100,000 more homes both for rent and for affordable purchase through shared ownership schemes for local people. We will reform VAT to encourage developers to repair and reuse empty buildings and brownfield land, rather than building on greenfields and eroding the countryside. We will take 150,000 homebuyers a year out of paying stamp duty altogether, by raising the threshold to £150,000. In areas where second homes are overwhelming the local housing market, we will require people to get planning permission before turning another full-time home into a holiday home.