Young people struggling to buy their first home should be
offered loans by the government to help them pay the deposit, according to a
new report which warns that reduced home ownership and the recent surge in
private renting is damaging family life. The idea has been put forward by the
Housing and Finance Institute (HFI). As with the current system of student
loans, the HFI suggests the loans could be repaid as a proportion of salary
once the recipient has reached a certain income threshold. Alternatively the
money could be repaid under a simple repayment arrangement, although at a low
interest rate and over a long term. Read more on the Guardian website.
They asked for 80 homes – she gave them 157! Council-housing miracle named
Britain’s best new building
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Rising from bluebell woodlands and framed by rolling hills, this cluster of
pink and brown brick towers in Croydon is a bittersweet winner of the
prestig...
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