Wednesday, 7 June 2017

Labour Pledges 'Living Rent' Homes As Part Of Affordable Programme

A Labour government would fund new ‘Living Rent’ homes, capped at a third of local incomes, as part of its pledge to build 100,000 affordable homes a year. Inside Housing can exclusively reveal the party’s plans to take London mayor Sadiq Khan’s ‘Living Rent’ product national if it wins. The party is planning a major expansion of grant funding for new social rented homes, as well as ownership tenures such as shared ownership, with ‘Living Rent’ designed as its mid-market product. Read more on Inside Housing.

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