Private renters should be helped onto the property ladder with a radical new Help to Buy scheme, according to a frontrunner for the Conservative leadership.
Dominic Raab, a former housing minister, says that landlords should be exempted from paying capital gains tax on properties they sell to existing tenants, in order to boost home ownership.
The MP, who quit as Brexit Secretary last year, advocates the plan as part of a “radical agenda” of reforms he says are needed to help deliver on the “dream of the UK as a property-owning democracy.”
