Written question asked by Andrew Dismore (Labour) on Tuesday, 7 September 2004, in the House of Commons. It was due for an answer on Thursday, 16 September 2004. It was answered by Keith Hill (Labour) on Thursday, 16 September 2004 on behalf of the Office of the Deputy Prime Minister.

Office of the Deputy Prime Minister

Question: To ask the Deputy Prime Minister, what steps he is taking to allow the purchase of leasehold property, especially under right to buy, by Muslims on the same or a similar basis to freehold, who want to take advantage of the Budget provisions to allow purchase of property without the payment of interest and double stamp duty.

Answer: Mr. Dismore: To ask the Deputy Prime Minister what steps he is taking to allow the purchase of leasehold property, especially under Right to Buy, by Muslims on the same or a similar basis to freehold, who want to take advantage of the Budget provisions to allow purchase of property without the payment of interest and double stamp duty. [188014] Keith Hill: The Government are aware of the barriers faced by social tenants who wish to use Sharia'a compliant loan finance packages to purchase their homes under the Right to Buy and Right to Acquire schemes. These barriers exist in respect of both freehold and leasehold sales. To address them, the Government are considering ways of facilitating the sale of social homes to such tenants on voluntary terms. It intends to issue proposals for consultation soon.

Secondary information

Type: Written question
Reference: 424 c1653-4W;424 c1651-2W; 188014
Session: 2003-04
Subjects: Housing Leasehold Interest charges Muslims Sales Social rented housing Stamp duties Right to buy scheme Islam Legal systems
Link: View this Written question on www.publications.parliament.uk