Social housing green paper does not go far enough
The National Federation of Builders (NFB) welcomes the papers approach to solving existing social housing problems but warns that proposed changes do not go far enough.
The Government has published its social housing green paper, “A new deal for social housing”, which looks to ensure homes are safe and decent, complaints are resolved effectively, residents are empowered and the regulator strengthened, associated stigmas tackled and supply expanded, while home ownership supported.
Key proposals include:
Allowing tenants to buy as little as 1% of their property each year
Speeding up the tenants complaints process
Introduction of performance indicators and new league tables
Allowing councils to continue having a choice over their use of fixed term tenancies
Giving the regulator ‘more teeth’ to make sure housing is of good quality
Emphasising different delivery models, such as Community Land Trusts
The National Federation of Builders (NFB) welcomes the papers approach to solving existing social housing problems but warns that proposed changes do not go far enough.
Proposed changes to the definition of social housing now include shared ownership and equity percentage arrangements. This change may not actually deliver new homes where they are most needed, although the number of social housing a local authority sees built, will likely increase.
With a limited number of local authorities seeing their borrowing cap raised, the Government needs to be bolder in giving councils the power to build their own homes.
Richard Beresford, chief executive of the NFB, said: “The social housing green paper proposes solutions to existing problems but stops short of radical reform. Not lifting the local authority borrowing cap will undoubtedly be seen as a missed opportunity.
“The Government accepts that social tenants want to own their own home and therefore changes to right to buy and the definition of social housing are welcomed. However, previous commitments to replace council housing at a rate of ‘one for one’ are not referenced, therefore public housing stock may continue to be depleted at a rate faster than councils can afford to replenish it.”
Shared by: National Federation of Builders – nationalfedofbuilders.vuelio.co.uk
You May Also Enjoy
How Technology is Changing the Prime Property Viewing Experience
Average two-year fixed mortgage rate for 60% LTV now cheaper than five-year rate
How UK Property Investors Can Manage Exchange Rate Risk When Buying Off-Plan Overseas
Foxtons Lettings Market Index – March 2025
UK’s mid-market firms show improved business growth in March but economic uncertainty continues
