House: Boost for property owners

  • Home affairs minister Walton Brown (File photograph)

    Home affairs minister Walton Brown (File photograph)

Restrictions on car ownership will make it easier for homeowners to earn extra income through a rental property, the House of Assembly heard yesterday.

Walton Brown, the home affairs minister, said that one-bedroom and studio apartments will be given assessment numbers, but will not be allowed to have a private car registered at the address.

Mr Brown said: “Many homeowners have space to create an additional unit, but are unable to create additional parking spaces.

“This new type of unit can provide additional income for homeowners with smaller properties who previously were unable to create a rental unit.”

The minister added that the move fulfilled a Throne Speech pledge from the Progressive Labour Party.

He added it was hoped the move would also provide a boost for the construction industry.

Mr Brown said: “There was no mechanism available to issue an assessment number to an address that would not automatically confer the ability to register a car against the unit, thereby limiting the creation of dwelling units to those properties that were able to provide the required car parking and manoeuvring spaces on their site.”

He added that minor changes to existing rules will be needed, but no legislation was required.

Mr Brown said the public would be notified of the start date of the new policy.

You must be registered or signed-in to post comment or to vote.

Published Jun 23, 2018 at 8:00 am (Updated Jun 23, 2018 at 8:03 am)

House: Boost for property owners

What you
Need to
1. For a smooth experience with our commenting system we recommend that you use Internet Explorer 10 or higher, Firefox or Chrome Browsers. Additionally please clear both your browser's cache and cookies - How do I clear my cache and cookies?
2. Please respect the use of this community forum and its users.
3. Any poster that insults, threatens or verbally abuses another member, uses defamatory language, or deliberately disrupts discussions will be banned.
4. Users who violate the Terms of Service or any commenting rules will be banned.
5. Please stay on topic. "Trolling" to incite emotional responses and disrupt conversations will be deleted.
6. To understand further what is and isn't allowed and the actions we may take, please read our Terms of Service
7. To report breaches of the Terms of Service use the flag icon

  • Take Our Poll

    Today's Obituaries

    eMoo Posts