In a country obsessed with bricks and mortar, housing policies are a key component of party manifestos. As the General Election fast approaches, we take you through the three main parties' pledges.
In a country obsessed with bricks and mortar, housing policies are a key component of party manifestos. As the General Election fast approaches, we take you through the three main parties’ pledges.
The conservatives are pledging ‘homes for all’. This entails:
- - Delivering 1,000,000 homes by the end of 2020 as per their 2015 commitment.
- - Delivering another 500,000 homes by the end of 2022.
- - Freeing up land for new homes in the areas that need them most.
- - Encouraging modern construction practises to quicken the build time of new homes.
- - Providing councils with power to intervene with developments when issues arise.
- - Introducing new fixed-term social housing that will give tenants the right to buy after a period of 10-15 years.
- - Utilising the above profit to reinvest in new properties.
Labour are guaranteeing secure homes by the following:
- - Building 1,000,000 new homes by 2022, including at least 500,000 council homes.
- - Introducing rent control and a private tenants’ rights charter.
- - Making sure properties in the private rented sector are up to a national standard.
- - Increasing access to affordable home ownership.
- - Ending Right to Buy and reversing other measures within the Housing and Planning Act.
- - Building new homes in both rural and urban areas.
- - Opposing the The Bedroom Tax, ‘Pay to Stay’ principle and benefit caps.
The Liberal Democrats are looking to building ‘more and better’ homes, this involves:
- - Building 300,000 new homes a year.
- - Ensuring 500,000 affordable, energy efficient homes are built by 2022.
- - Creating at least ten new Garden Cities in England with zero carbon homes.
- - Setting up a British Housing and Infrastructure Development Bank to provide capital and attract finance for housing projects.
- - Introducing mandatory landlord licensing and allowing tenants access to a database of rogue landlords and letting agents.
- - Establishing Help to Buy and Rent to Own schemes.
- - Increasing council tax on second homes and empty properties owned as investment vehicles by overseas buyers.
Are you looking to buy, sell, rent or let? Find your local Winkworth office here.