Lord Kerslake speaks out

Lord Kerslake speaking at The Chartered Institute of Housing’s annual conference in Manchester renewed his attack on the governments plans to extend the right to buy to housing Associations.

He claimed that the proposal is wrong in principle and wrong in practice, Lord Kerslake, who is the chair of housing group Peabody, reportedly said the “crucial thing” now was for housing associations and local authorities to work together on the right to buy or face being “picked off” by the government.

He went on to say “The proposed extension of right to buy to housing associations seems to me to be the policy solution for which there is no sensible policy question,” he told delegates. “It is wrong in principle and wrong in practice. And it works entirely counter to that overwhelming priority…of promoting new supply. “I thought long and hard about whether to be so forthright in my maiden speech in the Lords…but when you’ve got a policy that is so fundamentally wrong it seems you’ve got a duty to say that.”

Lord Kerslake, former permanent secretary at the Department for Communities and Local Government, also pointed out that, in his opinion, current government housing policy would only build a maximum of 160,000 a year.

The Chartered Institute of Housing Annual Conference and Exhibition is taking place in Manchester over 3 days from 23rd to 25th June dealing with he leading social and affordable housing event in the UK, bringing together housing associations, ALMOs and Local Authorities. The Chartered Institute of Housing Annual Conference and Exhibition focuses on the provision of social and affordable housing and the development of sustainable communities.

Speaking at the Chartered Institute of Housing’s annual conference in Manchester, Lord Kerslake acknowledged that he had gone against the parliamentary tradition of not making a controversial maiden speech but felt compelled to speak out on the issue. He said feedback from fellow peers had been positive.

“The proposed extension of right to buy to housing associations seems to me to be the policy solution for which there is no sensible policy question,” he told delegates. “It is wrong in principle and wrong in practice. And it works entirely counter to that overwhelming priority…of promoting new supply.”

He added: “I thought long and hard about whether to be so forthright in my maiden speech in the Lords…but when you’ve got a policy that is so fundamentally wrong it seems you’ve got a duty to say that.”

Lord Kerslake, who is the chair of housing group Peabody, said the “crucial thing” now was for housing associations and local authorities to work together on the right to buy or face being “picked off” by the government.

Speaking about the London Housing Commission that he has been asked to chair by the IPPR think-tank, Lord Kerslake said: “The intention is to report in March and I don’t want to prejudge the report but I do think one of the key things that will come out of it is the need for greater devolution to the London mayor, to the London boroughs. And by the way, I think devolution is a key part of the agenda across the country.”

Lord Kerslake, former permanent secretary at the Department for Communities and Local Government, also pointed out that, in his opinion, current government housing policy would only build a maximum of 160,000 a year.

Allen Walkey

Highly experienced businessman with a successful career in property sales and investment both in the UK and abroad. Now a freelance writer and blogger for the property and Investment Industry, keeping readers up-to-date with changes and events in a rapidly changing world.

You May Also Enjoy

Estate Agent Talk

Upfront information: homebuyers want confidence as much as speed

What movers want from upfront information, and it isn’t only speed Having a survey, legal pack and chain details before making an offer would help more than eight in ten respondents, according to LRG’s latest sales report Of the 553 who answered the question, 41% said they would offer with more confidence, although not necessarily…
Read More →
Estate Agents should not all look the same
Estate Agent Talk

How Financial Anxiety Drains Entrepreneurial Energy

Financial anxiety can consume the attention and stamina that business owners need for planning, problem-solving and leading a team. A late payment, an unexpected tax bill or a weak sales month may trigger worry long after working hours have ended. Over time, that mental strain affects sleep, concentration and confidence. The answer starts with creating…
Read More →
Letting Agent Talk

How to future-proof a rental property for changing tenant expectations

Over the past decade or so, tenants have become far more discerning. For more and more people, renting is a long-term prospect and today’s tenants expect their homes to be as safe and comfortable as any home they would own themselves. And as legislation around standards and health and safety in the private rented sector…
Read More →
Breaking News

More than a third of homes undergo price reduction

The latest research from GetAgent.co.uk has revealed that more than a third (34.4%) of homes sold subject to contract (SSTC) across Britain’s major cities have undergone an asking price reduction, with this figure climbing to more than half in Bournemouth, raising questions over whether sellers, and their agents, are pricing their properties realistically when first…
Read More →
Breaking News

‘Explosion’ in e-signature use at Land Registry spells progress for homebuying reform

The number of e-signatures used at Land Registry has exploded in the latest quarter — jumping more than ten times in just three months to 643, Novus Strategy can reveal. Qualified Electronic Signatures (QES) are a central plank of the revolution unfolding in homebuying because they reduce friction and save time. It’s a combination of…
Read More →
Letting Agent Talk

The Flats Above the Shop Problem

Why residential property hidden inside commercial ownership keeps causing trouble By Adam Hills, Client Services Director, LRG Living Markets Somewhere in many commercial property portfolios sits a small collection of front doors that was never really part of the plan. Many large and small retailers inherit residential property portfolios by default as part of mixed-use…
Read More →