2013 saw introduction of LTE Premium. In guidance to the Act, DCLG said
6. The government’s intention behind the decision to provide billing authorities with the power to charge a premium was not to penalise owners of property that is genuinely on the housing market for sale or rent.
7. The government expects billing authorities to consider the reasons why properties are unoccupied and unfurnished, including whether they are available for sale or rent, and decide whether they want such properties to be included in their determination. When considering the reasons an authority may want to take account of the following:
- on average, how long are properties in their area been available for sale or rent before completion/occupation
- what is the average price/rent in the local area?
Does your Billing Authority have an approved policy to waive the Premium if the property is 'genuinely on the housing market for sale or rent'?
If so, how do you operate this discretionary waiver?