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We would need to look at innovative methods, such as interest-free loans that are repayable only when a flat is sold or transferred, which I think the SFHA mentions in its briefing.
Labour has not changed its position on stock transfer. We need only look at authorities that transferred their housing stock to see the benefit that stock transfer has had; other Labour members will address that issue.
If the bidder is outwith that indicative cost range, the risk is transferred back to them, because they have come outside the client's indicative cost range.
I would be very interested to see the outcome of that work, particularly given that it could be transferable. Indeed, a key element of a lot of the technologies is that they are transferable not only in the healthcare setting but to other sectors.
When Jeremy Hunt reduced the top rate of capital gains tax from 26 per cent to 24 per cent in the spring budget, the estimates at that point were that such a move would actually increase revenue, because it would stimulate activity.