Homes On Former Public Land Will Not Be Affordable

Less than 3% of homes to be built on public land that has been sold to developers will end up being for genuinely affordable social rent. The left-leaning New Economics Foundation (NEF) think-tank said the release of figures published by the government was welcome, but the data revealed a poor outlook for those in need of affordable housing. Its analysis showed that of plans for 131,000 homes on public land sold since 2011, just under 20,000 would be deemed affordable and 3,410 would be let for social rent. Read more on Housing Today.

https://www.housingtoday.co.uk/news/homes-on-former-public-land-will-not-be-affordable-think-tank-claims/5104378.article

Think Tank Wants Rent Controls And Lifelong Tenancies

Rent controls, lifelong tenancies, a public landlord database and an end to Section 21 are among the calls in a report by the New Economics Foundation. The think tank has outlined a number of proposals it wants political parties to adopt in order to reform what it describes as the “broken economy”. It proposes:

·         An end to Section 21 repossessions and the introduction of lifetime and open-ended tenancies.

·         The creation of a publicly accessible database of landlords and rents.

·         A model of rent controls that would limit rents within and between tenancies and bring rents down to levels affordable on local incomes.

Read more on the RLA website.

https://news.rla.org.uk/think-tank-wants-rent-controls-and-lifelong-tenancies/