Owners of large country estates should be offered tax breaks in return for making land available for affordable housing, the Royal Institution of Chartered Surveyors suggests.
The RICS’ head of policy, Jeremy Blackburn, said land owners could be encouraged to provide land for upwards of eight houses on long leases, enabling them to keep their long-term interests.
In return for providing the land, the estate owners could be given some form of inheritance tax exemption, or their heirs could be exempted from paying inheritance tax on affordable homes on their land.
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The Daily Telegraph, p. 27
The Independent, p. 43
