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Local Authority Estate Disposal

Volume 329: debated on Tuesday 13 April 1999

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To ask the Secretary of State for the Environment, Transport and the Regions what measures he plans to prevent financial rules on the disposal of land and buildings by local authorities resulting in gazumping. [79699]

The Government published for consultation on 7 December 1998 a package of proposals aimed at making the home buying and selling process easier and avoiding problems such as gazumping. We will consider carefully responses to the consultation in reaching conclusions on action required to improve the process in the interests of all responsible sellers and buyers.