Boris Johnson: 'Allow London to keep stamp duty receipts and we'll build one million homes'

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Published by Jon Land for 24dash.com in Housing and also in Central Government, Local Government

The Mayor of London Boris Johnson is today calling on the Coalition Government to allow London to retain all stamp duty receipts raised on its property sales, estimated to be worth £1.3 billion a year, to ensure the capital can build the million homes it requires by the mid 2030s. According to the Mayor, today's proposal would give London a stable income stream to create a 25-year plan that will not just solve its housing needs but would create hundreds of thousands of long-term jobs and ...

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