Early day motion tabled by primary sponsor Linda Riordan (Labour and Co-operative Party), on Tuesday, 15 July 2008, in the House of Commons. It is signed by 80 members in total.

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EMPTY PROPERTY RATE RELIEF

That this House urges the Government to exercise its power, as given in the Rating (Empty Property) Act 2007, to reintroduce empty property rate relief immediately in response to the world economic downturn and worsening conditions in the property market; notes that empty property rate relief is a tool used to stimulate investment and growth in the property market during times of economic difficulty; and further notes that the withdrawal of the relief is having unintended consequences such as creating unnecessary financial hardship for people with small businesses, compromising regeneration schemes and constraining the supply of affordable commercial property.

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Secondary information

Type

Early day motion

Reference

2045 

Session

2007-08

Other sponsors

Ashok Kumar

Ronnie Campbell

Jeremy Corbyn

Mark Durkan

Robert N Wareing

Subjects

Empty property

Link

View this Early day motion on www.parliament.uk