Content

RECOMMENDED:      1)         
That the following discounts and premiums be
recommended to Council for 2025/2026:
 
Class A
Second Homes Discount for 2025/2026:

·      
No reduction, i.e. a 0% discount;
 
Class B
Second Homes Discount for 2025/2026:

·      
No reduction i.e. a 0% discount, plus

·      
An additional premium of 100%
 
Class C
Empty / Unfurnished Discount 2025/2026:
·      
0% for both the initial and follow on periods
 
Long-Term
Empty Property Premiums (Levy):

·      
100% for properties empty between one and five
years,

·      
200% for properties empty longer than five years,
and

·      
300% for properties empty longer than ten
years.
 
Class D
Uninhabitable Properties:

·      
25% for 12 months starting on the day the property
becomes uninhabitable; then:

·      
0% once the 12 month
period has expired;
 
2)         
That the Exceptions Policy as summarised below and detailed at
Appendix 3 to the report be agreed.
 
3)         
That the government guidance of November 2024 as included at
Appendix D to the report be noted.
 
Reason for Decision
 
To ensure the discounts,
premiums and exceptions policy for Second Homes and Long-Term Empty
properties are agreed for 2025/2026.