The Shadow Secretary of State for Communities and Local Government, Hilary Benn joined Labour’s Parliamentary Candidate for Calder Valley, Josh Fenton Glynn in Brighouse yesterday.
He was there to visit the Murphy family on Halifax Road, Brighouse to highlight Labour’s pledge to put first time buyers first by giving them first call on new homes built and zero stamp duty.
Under the plans announced by Ed Miliband yesterday, Labour will put first time buyers first by:
- Reducing stamp duty to zero for first time buyers of homes worth up to £300,000 – a saving of as much as £5,000 for people seeking to get on the property ladder.
- Giving first time buyers that have lived in an area for more than three years “first call” on up to half of new homes built in their area.
- Stopping foreign buyers buying up properties before local buyers get a look in by ensuring they are advertised in local areas, increasing taxes paid by foreign buyers and council tax for empty homes.
These latest measures, form part of Labour’s comprehensive plan to tackle Britain’s housing crisis, which include embarking on the biggest house-building programme for a generation, increasing the number of affordable homes, and introducing secure three-year tenancies with rents capped.
Shadow Secretary of State for Communities and Local Government, Hilary Benn said: “It’s just too expensive for families to buy a home today, saving up for the deposit, paying the fees and having enough left over for the stamp duty.
“A Labour government will abolish stamp duty for all first time buyers of homes under £300,000 and we’ll give first time buyers that have lived in an area for more than three years “first call” on up to half of homes built in their area”
Labour’s Parliamentary Candidate for Calder Valley, Josh Fenton-Glynn said: “The Tories have presided over the lowest level of housebuilding for almost one hundred years and the lowest rate of home ownership for a generation. Instead of building new homes they have introduced a bedroom tax. Labour would build more homes and force property developers to develop derelict sights.”
Danny Murphy said: “It was great to chat with Hilary and Josh, they really listened to the problems we’ve had getting on the property ladder. The plans put forward by the Labour Party really make sense and will help families like mine, own our own home.