Housing Bill

The Housing Bill was introduced in the Queen’s Speech on 27 May 2015. The aim is;

“Legislation will be introduced to support home ownership and give housing association tenants the chance to own their own home.”

The purpose of the Bill is to:

• Help provide more hard working people with the chance to own their own home.

• Increase housing supply and access to home ownership.

The main benefits of the Bill would be:

• Helping more tenants of housing associations to buy a home of their own.

• Increasing the supply of new Starter Homes (to be exclusively offered to young first-time buyers, at a 20 per cent discount below their open market value).

• Helping those wishing to build their own home.

• Ensuring local people have more control over planning.

Read the full details on pages 27-29 of the Queen’s Speech on the Gov.Uk website.