Oral QuestionTreasury

“What recent steps he has taken with the Secretary of State for Levelling Up, Housing and Communities to deliver the economic growth potential of the Oxford-Cambridge Arc.”

Tabled: 9 November 2022Answered: 15 November 2022

Answering Minister

the Chancellor of the Exchequer

Answer from Hansard

The Minister for Housing and Planning (Matthew Pennycook)

The Government recognise that excessive concentrations of second homes impact on the availability and affordability of homes for local residents to buy and rent, as well as on local services. From April, councils will be able to charge a council tax premium of up to 100% on second homes but, as the hon. Gentleman will know, we do not think this is enough. We are considering what additional powers we might give local authorities to enable them to better respond to the pressures they face.