Wider Range of Rental Models Needed, Says CIH

The ‘golden age’ of home ownership is over, according to a new report from the Chartered Institute of Housing. The report identified a group of ‘in-betweens’, people who are too poor to get a foot on the housing ladder, but not in sufficient need to be able to access social housing. In-betweens are households earn between £12,000 and £25,000 who struggle to meet the day-to-day cost of living. The CIH is calling for housing providers to develop a wider range of rental models, including intermediate rents. It believes a more flexible rented sector would lead to more stable mixed-income communities. Read more on the Inside Housing website.