UK Parliament / Open data

Housing and Planning Bill

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.

Type
Proceeding contribution
Reference
769 c1018 
Session
2015-16
Chamber / Committee
House of Lords chamber
Subjects
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