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Repeal unnecessary restrictions on Local Authorities

Comment 1st July 2010

Remove the restrictions which currently prevent Local Authorities from borrowing against their asset base and future rental income.

Why does this matter?

We need to build more homes in the UK.

Unlike Housing Associations and private developers, Local Authorities are prohibited from borrowing against their asset base and future rental income.

If this unecessary restriction was listed Local Authorities could build more homes.

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