500,000 second-home owners face paying twice as much council tax

42 comments

1. Good. This’ll either mean local authorities have more money coming in or it’ll mitigate the housing shortage in the areas as the parasites sell up.

2. As with all the other posts on this.

   Good.

   If people need two houses they should be prepared to pay additional costs for them.

3. Would be nice if they can reduce council tax for those of us with only 1 house. Mine is £2361 this year. I’m managing, but I don’t know how people on low salaries can afford that kind of bill.

4. make having multiple homes unprofitable, it’ll soon turn around

5. Ah yes over heard two our the buisness owners that I work for talking about this. They’ve just simply filled in a form to say their partners and children are living in their other properties.

   Now they’re not hoarding them but they are struggling to renovate and sell them fast enough not to get caught out by the rises.

6. Council tax should increase exponentially based on the number of homes you own so a second property would be double the standard rate, third would be four times, fourth property would be 8 times.

7. Nothing better than having a housing shortage and people owning multiple houses.

8. Good! Next, council tax should be revamped so that property owners pay directly proportionate to their value, A £5M proporty only pays about third more than a £500K property despite being worth TEN times more.

9. Very good.
   If you can afford owning 2 houses, then you can as well afford paying more tax.

10. Could we do the same, or apply some other tax, with non-resident overseas investors who buy property here? Whether or not they rent out the property.

11. Oh no, my second – wait, I don’t own one.

    Never mind.

12. Honestly? Good, I would be in favour of far more expensive regimes for people who own second homes.

    Owing a first home is vital, owning a second is a luxury that denies someone else their chance at a first.

    I would implement a policy of raising council tax to 20% per year of the properties value if it’s a second home after the first year of ownership unless;

    1. It’s unhabitable and major building works are taking place to restore it
    2. It’s being rented to someone on a long term let (ie not a holiday home).

13. doesn’t this translate into whoever rents that second home pays more council tax?

14. Good I suppose, but will hardly be expensive for people who can afford two houses. A percentage of the market value for second homes would be far more effective.

15. Shame it’s only double , should be 5x, and double with every extra home they own.

    5x on the 2nd, 10x on the 3rd, 20x, on the 4th, 40x on the 5th…and so on

    Nobody needs multiple homes

16. This is very good news, we need to tax rentierism out of the economy. Landlordism is a massive economic drain.

    Exponentially increasingly council tax on multiple properties is a good way of doing this. Just make it get higher and higher the more property you own.

17. Oh no.

    Would have been better to just ban air b&b

18. 500,000 out of a population of 68M.

    It’s 0.7% of people that will be affected according to these figures.

    What about the millions who are actually struggling?

    I don’t really give a fig about 2nd home owners.

19. Mousehole. If they can afford a second home then they can afford more |!

20. Good. My mother (a boomer) simply cannot comprehend why I am so against her friends who are living off rental income from multiple properties after having retired early.

21. Too many boomer plebs have been able to live above their status. This is good and will keep undesirable aspirational types away from p l u. Ditto VAT on schools.

22. Womp womp. Sell them if you can’t afford it, I know a few million people that need a gaff.

23. I pay over £4k/year council take for my only property. Since I moved in it was reevaluated and I got shafted. Perhaps if more people were taxed fairly then those of us just wanting to own their home wouldn’t get screwed so much.

24. Good, fuck these people. Half the houses here are empty most of the year and rents are unaffordable (if you can find them!!) purchasing is impossible if you don’t have “sold my council house down in London”-type “fuck you” money. community is dead. a lot of businesses here have to offer accomodation with the job as it’s impossible to afford on the wages offered 🤣

25. Good, now the rent goes up, someone has to pay the council tax

26. Adding on to this, I also fancy high car tax for the second..Nth car, even though i have the second car. It will help me get rid of it

27. Oh no, whatever will they do…hopefully they sell them and there is a flood of homes available knocking down the prices in areas and allowing young people a chance to afford somewhere to live. No one should be allowed a second home till everyone is housed

28. About time not every house should have a private landlord making you pay extortionate prices, we need more social housing

29. A sensible policy on home ownership would be very forward thinking.

    It’s quite possible to have a second home as part of inheritance. So the second one gets a gentle increase in taxation – this should exclude holiday hotspots. It’s damaging to communities and local businesses to have properties bought at inflated prices ( see capital gains ) and resulting in the disuse of local businesses and amenities.

    For more than 2 homes the taxation rise should be non linear. This non linear increase should affect new builds differently to existing dwellings. We want the new dwellings to be owned British people and to discourage the proliferation of buy-to-let firms.

    Capital gains on flipping existing dwellings is needed to strongly discourage excessive profiteering and driving up prices in surrounding areas.

    Non residents or foreign buyers should be heavily taxed. No ownership hidden in offshore contraptions. All those fancy London investment homes do nothing for the British people and should be heavily taxed without loopholes.

    It still needs to be possible to sell your primary residence and move to a new one without a large tax burden.

    Home ownership by citizens should be the priority.

30. Good start but nowhere near enough. No one should own a second home.

31. Only for empty none rented housing so most likely a good thing as it mean more rental property, I guess you can get round this by making it an Airbnb though.

32. Not entirely against this if I’m being honest seeing as we have a major housing crises.

33. And what about the companies that have purchased billions of homes and only permit that they’re rented? They’ll be left alone as usual

34. Good, lock in rent rates aswell so they can’t just pass it on to any renters.

    Tired of watching housing near mine been bought up, turned into flats and then been rented out at the same rate the full house should be (ain’t noone willinging pay £700+ a month to live in the shit hole area I livenin)

35. Good. But, the real problem in second home rich areas is AirBnb, that needs properly regulating as holiday let businesses.

36. 100% behind this, and it should be considerably more than 2x the regular rates. Many second homes are left empty for long periods (particularly bad in Cornwall) or they are bought by foreign investors and left completely unoccupied.

    A second holiday home is a massive luxury in a cost of living crisis, and an even bigger luxury during a housing crisis. It’s a progressive tax and much better than hiking NI for employers or freezing income tax thresholds. It obviously won’t raise as much, but it would be a start at least.

37. Can’t wait for a glut of affordable vacant houses to hit the market in Sandbanks.

38. The government should seize unoccupied properties and make landlords illegal. But that won’t happen under capitalism. We need workers in charge of the economy if we want to do away with the parasites in our society.

39. Good. Invest in something else.

    It’s unfortunate for the accidental landlords though. But we are living in a housing crisis at the moment. Sell up and put your money where money belongs. In the financial markets.

40. Will this not just make landlords increase their rent to cover the cost?

41. Maybe they should let go of their second home and other people might be able to get their first

42. jesus christ imagine these people at dinner parties.

    based on the boomer principle ‘i pay more tax than you so my opinion is more legit’

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