Content

Recommended to Full Council (Budget and policy
framework)
 

1.   
From 1 April 2024
 
(a)
The adoption of a standard 0% discount for all Class
D chargeable dwellings; and
(b) Levying the maximum level of
premium i.e.:
• Premium of 100% for
dwellings which are unoccupied and substantially unfurnished
(Empty Homes Premium) after 1 years up to 5 years of
becoming empty;
• Premium of 200% for
dwellings which are unoccupied and substantially unfurnished
(Empty Homes Premium) between 5 years and up to 10
years; and
• Premium of 300% for
dwellings which are unoccupied and substantially unfurnished
(Empty Homes Premium) for 10 years or
more.
 
2.
From 1 April 2025
(a) The continued application of
0% discount for Class D and Empty Homes premiums
at100% effective when dwellings have been unoccupied and
substantially unfurnished for 1 year;
and
(b) The application of a premium
(Second Homes Premium) of 100% for all dwellings that are
no one’s sole or main residence and which is
substantially furnished.
 
3.
Exception to premiums
Where premiums are to be applied, the Council
is mindful of the
current consultation by government which
recommends exceptions in certain circumstances outlined
within the report. Subject to the outcome of that consultation, it
is recommended that the Section 151 Officer is given
delegated powers to implement the Council's policy on
premiums in line with statute, the
Council’s requirements and any guidance given by the Secretary of
State.