Shelter’s response to the Help to Buy announcement and Sajid Javid’s speech
October 3, 2017
Shelter’s response to the Help to Buy announcement and Sajid Javid’s speech.
Polly Neate, CEO of Shelter said: “Extending Help to Buy is the wrong priority at a time when over a million renters are struggling with crippling housing costs. Help to Buy has barely helped the first-time buyers it is targeted at and has done nothing to help those worst affected by our broken housing market and those at risk of homelessness. Moreover it has increased house prices and propped up a speculative development model in need of reform.
While we welcome the fact that Sajid Javid has recognised the problem of instability for families who rent privately, we’re sorely disappointed that he is talking about encouraging 12 month tenancies when half of all tenancies are already a year or more. For the millions of families moved from pillar to post at the whim of a landlord, 5 year contracts are the only way to ensure a stable future for those who need it most.”
You May Also Enjoy
Fast track to London: The Essex villages offering country living and commuter convenience
For London buyers looking to exchange city life for more space, greenery and a stronger sense of community, Essex offers an appealing combination of countryside living and convenient connections into the capital. The rise of hybrid working has changed what buyers expect from a commuter location, and rather than simply searching for the shortest possible…
Read More 
‘Spider season’ hits UK bedrooms
‘Spider season’ hits UK bedrooms – expert shares FIVE expert tips on keeping eight-legged visitors at bay As autumn sets in, millions of UK households are bracing themselves for ‘spider season’, the surge of male spiders entering homes in September and October in search for a mate. One of the most common places that spiders…
Read More 
Good-view homes command 81% premium
The latest research from UK Property Development (UKPD) reveals that new-build homes that boast a good view command an average price premium of 81.4% compared to overall new-build prices, with the premium in London approaching 110%. UKPD has analysed the estimated average asking price of new-build homes in England marketed as offering a ‘good view’,…
Read More 
Want to Be in Your New Home by Christmas?
Moving house can be a complex and stressful process, with delays at various stages potentially putting completion dates at risk. Government data shows that the average home purchase takes around 120 days to complete, while around one in three property sales fall through, costing sellers an estimated £400 million each year. With Christmas now just…
Read More 
Help Buyers to get Britain Building
Tim Foreman, Managing Director of Land and New Homes, LRG, comments: It is clear that Labour cannot meet its housing ambitions just through planning reform. It is imperative that Andy Burnham uses time at the upcoming Labour Party Conference to back a targeted successor to Help to Buy – one that restores demand without repeating…
Read More 
Landlords say managing rentals has become harder
Three-quarters of portfolio landlords say managing rentals has become harder The latest research from residential property management specialist, Rushbrook, has found that almost three-quarters of portfolio landlords say managing their rental portfolio has become harder in recent years, with the changing legislative landscape now prompting many to reconsider whether they need professional help with…
Read More