Trusted media brand of the Chartered Institute of Housing
Trusted media brand of the Chartered Institute of Housing
The empty homes premium will apply after one year, rather than the current two years
Councils will be armed with new powers to charge double the standard council tax rate on second homes or properties that have been vacant for a year or more from 1 April.
Local authorities will be able to spend the money collected through the 100% council tax premium from the 2025/26 financial year.
Following a public consultation, the government has set out some exceptions to the policy, which it says “will ensure the changes are fair to homeowners”.
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