CML welcomes publication of Housing White Paper
In a press release yesterday 7th February The Council of Mortgage Lenders (CML) welcomed the publication of the housing white paper, they mention looking forward to working with the government on measures seeking to increase the availability, affordability and choice of homes across different tenures.
The CML mentions that in the owner-occupied sector, they stand ready to help the government deliver a more targeted starter homes scheme and in the rental sector, they acknowledge the government’s aspirations to make more longer-term tenancies available to provide stability for families.
Commenting on the white paper, CML director general Paul Smee said: “Lenders already contribute to the funding of private and social rented housing, as well as owner-occupation, so we welcome and are comfortable with the cross-tenure approach in today’s white paper. We are now ready to work with the government, and with members and others, on the detailed implementation of these proposals. We want to play our part in developing a coherent, long term plan to deliver more housing and help ensure that it is durable, affordable and in the locations and tenures that people want”.
Read the CML press release responding to Housing White Paper in full click here