Showing posts with label Devolution. Show all posts
Showing posts with label Devolution. Show all posts

Monday, 18 November 2013

HOUSING BILL NEEDS TO INCENTIVISE NOT JUST PENALISE

 
The Federation of Master Builders (FMB) Cymru has broadly welcomed the Welsh Government’s intent to introduce the Housing (Wales) Bill - but warns that any legislation to tackle rogue landlords and penalise owners of empty homes needs to be looked at in conjunction with supporting local SME builders.

The Housing Minister is due to make a statement in Plenary, scheduled for Tuesday 19 November, before scrutiny of the Bill by the National Assembly begins.

Richard Jenkins, Director of FMB Cymru, said:

“We are pleased to see the Welsh Government looking to proactively improve standards in the private rented sector and increase the supply of housing.  We have already had positive dialogue with the Cabinet Ministers about these issues previously, and hope that we can continue to work with him to improve the standard of living throughout Wales.

We are pleased that the Welsh Government are giving attention to the existing housing stock, as Wales has the oldest housing stock in Europe, and two thirds of the houses we will be living in in fifty years’ time have already been built. We genuinely hope that the Welsh Government will look at incentives for property owners to bring empty or disused homes back onto the market, and not just tools such as granting councils power to increase tax on homes that are empty for a year or more. We would hope to see support and incentives for landlords to be able to use local building companies to carry out improvements, to raise the standards of properties and get them back on the market. Schemes such as the Houses into Homes are a good start, but much more practical support is needed to make a real difference.

“We also welcome the intention to tackle the issue of rogue landlords by introducing a compulsory licensing and registration scheme for all private rented sector landlords. They will have to work to a code of practice which will help improve standards across this growing sector of the housing market. We have called for action to prevent rogue builders at the other end, being able to freely work in the domestic sector with no licensing or assessment framework. We feel that developing a protocol for higher standards in the building industry will support the Housing Bill to achieve its goal of improved quality and standards in the private housing market.

Further information:

The Welsh Government intends to introduce the Housing (Wales) Bill into the National Assembly for Wales in November, subject to the Presiding Officer’s agreement. The Housing Bill is expected to cover:

                              I.        tackling homelessness and empty homes;

                            II.        improving standards in the private rented sector;

                           III.        increasing the supply of housing; and

                          IV.        improving its quality.

The Houses into Homes scheme is a £20 million fund to provide loans to bring empty houses or commercial buildings back into use as homes - including splitting them into flats - for sale or rent.



Thursday, 18 July 2013

BUSINESS ORGANISATIONS AGREE VIEW ON DEVOLUTION OF STAMP DUTY


Richard Jenkins, FMB Cymru

The UK Government's Commission on Devolution in Wales ('Silk Commission') has recommended the devolution of certain tax and borrowing powers to Wales, including Stamp Duty Land Tax.  The UK Government is yet to fully respond to its Commission, but has today announced its intention to consult with business before reaching a decision. Jane Hutt, the Welsh Minister for Finance, has also met with business leaders over the last couple of months - to hear business’ initial views on the way that Stamp Duty Land Tax operates at the moment, and how it might be reformed in the future should the UK Government agree to devolve the tax.

The CBI and Federation of Master Builders (FMB Cymru) have been working closely with the Silk Commission and the Minister on the issue of Stamp Duty Land Tax, and will continue to work with the Westminster Government over the upcoming months following their announced intention to consult with business in advance of a decision.

If used effectively, devolution and reform of stamp duty could be an effective tool for growth, as a result both organisations are in support of the devolution of Stamp Duty to the Welsh Government, and that there should be a clear timeframe set for the decisions to be taken. The Welsh housing industry has been one of the worst hit during the recession and is struggling to recover, and Stamp Duty has the potential to add a much needed injection of growth into the market, at a time where costs of development are set to increase.

Richard Jenkins, Director of FMB Cymru said:


“We welcome the Treasury’s intention to seek the views of business on this matter and therefore will make our policy clear. We urge UK Ministers to respond positively to the recommendation to devolve Stamp Duty made by the Silk Commission. 



“Our view is that Stamp Duty Land Tax should be devolved to the Welsh Government as a matter of urgency. The Welsh housing industry is in a poor state of health and Stamp Duty could be used to creatively to support the sector, and to offset the accumulated costs of development, which are set to rise.”



Emma Watkins, Director of CBI Wales commented:


“The views of the CBI are very clear in supporting the devolution of stamp duty.  If used effectively, devolving and reforming stamp duty could be used as a tool for growth, stimulating housebuilding and supporting home buyers. We will engage with the Treasury over the summer and make the views of business known.



“The lack of certainty and clarity on a deadline for Silk is not helping business - both those in Wales and those looking to invest.  CBI will continue to engage with all parties for a swift resolution, in the interests of driving forward the economy - and growth.”


Link to announcement: