• Home
  • About
  • Subscribe
  • Conference
  • Events Calendar
  • Webcast151
  • MOTB
  • Log In
  • Register

Room 151

  • Treasury
  • Technical
  • Funding
  • Resources
  • LGPS
  • Development
  • 151 News
  • Blogs
    • David Green
    • Agent 151
    • Dan Bates
    • Richard Harbord
    • Stephen Sheen
    • James Bevan
    • Steve Bishop
    • Cllr John Clancy
    • David Crum
    • Graham Liddell
    • Ian O’Donnell
    • Jackie Shute
  • Interviews

Pembrokeshire to impose premium on empty properties

0
  • by Ian McDiarmid
  • in 151 News · Funding
  • — 8 Mar, 2019

Pembrokeshire County Council will introduce a council tax premium on long-term empty properties from 1 April.

The new additional tax will sit alongside a 50% council tax premium on second homes introduced two years ago.

There are estimated to be over 1,000 long-term empty properties in the county, according to the council, which through its two additional taxes is seeking to increase the supply of housing.

The empty homes policy was voted through in 2017 and will see a 25% premium imposed on properties unoccupied and unfurnished since 1 April 2016.

In succeeding years, the premium will rise as the time the property has been empty increases, so that by April 2021 it will be 100% on properties left unoccupied for five or more years.

Pembrokeshire’s cabinet member for finance, Bob Kilmister said: “Although the new premium will bring in extra revenue, this is not the overriding objective.

“Indeed, the monies will be ring-fenced for affordable housing and the Enhancing Pembrokeshire grant scheme which funds community projects.

“The aim is to revitalise communities by increasing the supply of housing.”

Get the Room 151 Newsletter

Room151 Conferences & Events

Share

You may also like...

  • Breckland approves new form of local asset backed vehicle Breckland approves new form of local asset backed vehicle 26 Mar, 2015
  • Chris Buss: Is fair funding mission impossible? Chris Buss: Is fair funding mission impossible? 28 Feb, 2018
  • News Roundup: CFO confidence, Lancs investments, approval for London CIV, Notts appoints City Noble News Roundup: CFO confidence, Lancs investments, approval for London CIV, Notts appoints City Noble 26 Nov, 2015
  • Shock election result leaves local government fumbling in the dark Shock election result leaves local government fumbling in the dark 12 Jun, 2017
  • Register to become a Room151 user

  • Latest tweets

    Room151 10 hours ago

    How can local government ‘build back better’?: Beverley Gower-Jones looks at the options for driving small business entrepreneurship in clean technologies. Innovation is essential for local authorities to save money and reduce emissions, it is the… dlvr.it/RtT3nS pic.twitter.com/bSMB6OG70t

    Room151 13 hours ago

    Helen Randall: Spelthorne report places spotlight on ‘controls’: Fresh criticism of Spelthorne Council raises the question of what “good” controls look like when negotiating a property deal. Spelthorne Council’s continuing debacle over property… dlvr.it/RtSPhy pic.twitter.com/9uCOJgBcH6

    Room151 13 hours ago

    Step-out strategies: Hitting the sweet spot between liquidity and ultra-short duration: Sponsored article: Jemma Clee describes how an ultra-short duration strategy can help local authorities enhance returns. Despite the expectation of a low, and… dlvr.it/RtSPZb pic.twitter.com/pdXPpv5lcN

    Room151 2 days ago

    What role will climate change have on the pricing of government bonds?: Sponsored article: Kerry Duffain finds that “vulnerability and resilience to climate change” have a significant impact on the cost of government borrowing. Ardea Investment… dlvr.it/RtNKv7 pic.twitter.com/wDjT31x4Yt

    Room151 2 days ago

    ESGenius: Slashing emissions will fuel green growth for decades: Sponsored article: Velislava Dimitrova argues that a big enough investment could mean transition to a low, or no, carbon economy can become a reality. The world needs to slash carbon[...] dlvr.it/RtKZJp pic.twitter.com/cd8S3ijERl

    Room151 2 days ago

    Prudential code: “Not perfect, but its heart is in the right place”: The new Prudential Code offers revised rules for borrowing. Nikki Bishop is sceptical it will work while Gary Fielding offers his support. Nikki Bishop I have been asked to give[...] dlvr.it/RtKZFh pic.twitter.com/OriN28lXcb

    Room151 3 days ago

    Tremendous report from @MarkSandford3 citing @room_151 no fewer than six times (despite what the @lgcplus fact checking/counting dept might tell you) #localgov commonslibrary.parliament.uk/research-brief… 1/5

    Room151 1 week ago

    Dan Bates: Capitalisation directions are not the only tool for rebuilding finances: Dan Bates argues deep seated problems are contributing to a rush for capitalisation directions. For some time now we have been reading that a number of councils are in… dlvr.it/RspKff pic.twitter.com/xRRsgVim9u

    Room151 2 weeks ago

    Is local government funding “broken”?: Andrew Hardingham looks at the underlying issues that caused more than a third of respondents in the Room151/CCLA treasury survey to say that the funding system for local govenrment is[...] dlvr.it/RsYhsg pic.twitter.com/plNp7Ayys6

  • Categories

    • 151 News
    • Agent 151
    • Blogs
    • Chris Buss
    • Cllr John Clancy
    • Dan Bates
    • David Crum
    • David Green
    • Development
    • Forum
    • Funding
    • Graham Liddell
    • Ian O'Donnell
    • Interviews
    • Jackie Shute
    • James Bevan
    • Jobs
    • LGPSi
    • Mark Finnegan
    • Recent Posts
    • Resources
    • Richard Harbord
    • Stephen Fitzgerald
    • Stephen Sheen
    • Steve Bishop
    • Technical
    • Treasury
    • Uncategorized
  • Archives

    • 2021
    • 2020
    • 2019
    • 2018
    • 2017
    • 2016
    • 2015
    • 2014
    • 2013
    • 2012
    • 2011
  • Previous story Powys passes budget
  • Next story Derbyshire Dales’ “significant challenge” on new waste and recycling contract

© Copyright 2021 Room 151. Typegrid Theme by WPBandit.