Vince Cable has proposed a state-backed agency to
compulsorily purchase land for building and call for measures to allow
construction on some green belt sites.
In a speech at the Royal Institute of British Architects in London, the
Liberal Democrat leader also proposed a big expansion in rent-to-own, where
some people in new developments could pay a market rent in exchange for a
gradual stake in the property, thereby subsidising social rents. The speech in
response to the housing crisis comes as the government announced £1.67bn in
funding for 23,000 affordable homes across England, including 15,000 for social
rent. The funding is part of a previous commitment of up to £9bn for affordable
housing. Read more on the Guardian website.
https://www.theguardian.com/society/2018/jun/26/lib-dems-vince-cable-land-buying-agency-to-boost-house-building
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1 day ago
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