Should government provide deposits for ‘generation rent’?

September 19, 2016

A report published last week by Localis an independent think-tank dedicated to issues related to politics, public service reform and localism headlined ‘Turning Generation Rent into Homeowners’.

The report makes the case for government to provide mortgage deposits for Generation Rent, it recommends the introduction of a government-backed deposit guarantee scheme for first-time buyers.

The report leads by stating: A whole generation is being locked out of the housing market. Rising house prices, cost of living increases, stagnant wages, depressed housing supply and tighter lending criteria are all contributing to the creation of a generation of renters, for whom the dream of homeownership remains just that, a fantasy.

Read the report in full click here

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

footfall falls
Breaking News

Comment on inflation rising to 3.3%

Industry reaction to inflation rising to 3.3% Daniel Austin, CEO and co-founder at ASK Partners, said: “Today’s uptick in UK inflation will raise fresh concerns across the property market, which is still waiting for the full economic impact of the Iran conflict to feed through. Households, buyers and developers recognise that current data is unlikely…
Read More →
Breaking News

London remains top marathon city for property values

Mayfair tops table for the world’s most expensive marathon neighbourhood as London remains priciest race city The latest analysis from Enness Global has revealed that London is currently the most expensive property market of any city hosting a World Marathon Major, with Mayfair also ranking as the world’s most expensive marathon neighbourhood for those wanting…
Read More →
Breaking News

HMRC ramps up scrutiny of residential property valuations as it cracks down on inheritance tax avoidance

  Taxman’s requests for help from the Valuation Office Agency with property valuations in IHT returns rises nearly 25% Rise reflects HMRC’s increased efforts to recover revenue from underreported and misvalued estates.   HM Revenue & Customs is increasingly challenging residential property valuations in inheritance tax (IHT) returns, with the number of cases referred to…
Read More →
Breaking News

Breaking Property News 22/4/26

Daily bite-sized proptech and property news in partnership with Proptech-X.   The Building Centre launches ‘Small Scale Big Ideas’ a month-long exhibition What architecture can achieve when scale is a discipline, not a constraint.   The Building Centre is pleased to announce Small Scale Big Ideas, a major exhibition and public programme running throughout May 2026…
Read More →
Commercial Agent Talk

London office workers want better workspaces, not free lunches

The latest research by BPS London has found that London office workers are more interested in better quality workspaces than superficial perks such as free breakfasts and lunches, with 63% saying they would be more willing to work from the office more regularly if their workplace was more modern, comfortable and better equipped. BPS London commissioned a…
Read More →
Breaking News

The hottest prime property markets outside of London

The latest analysis from Enness Global has revealed that whilst London continues to dominate England’s prime property market, Elmbridge ranks as the nation’s leading hotspot outside of the capital when it comes to homes sold for £3m or more. Enness Global analysed Land Registry transaction data, looking at where homes sold for £3m or more…
Read More →