The PAC has now issued its report on Decent Homes which includes;
*Under the Decent Homes Programme, over a million homes have been improved since 2001. *The living standards of vulnerable households will have been greatly improved by the installation of, for example, 810,000 new kitchens, 610,000 new bathrooms and 1,140,000 new central heating systems. There have also been wider benefits such as more tenant involvement in housing decisions and jobs created in deprived areas.
*ALMOs have spent more on improvements per property than local authorities that retained their stock. The Department has not gone back to examine whether ALMOs were provided with more funding than was necessary. The Department and the HCA should go back to those ALMOs that have completed their work to identify why they spent more per property and assess whether any future funding needs to be reduced. Find the full report on the Parliament website.
Eight in 10 homes in London’s poshest postcodes now sell below asking
price, Coutts finds
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Sellers in areas such as Belgravia and Mayfair face hundreds of thousands
of pounds in losses as property prices fall
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