New Labour leader Ed Miliband is considering how to make social housing a tenure of choice as part of his vision for Labour policy. Mr Miliband also said the Labour Party had become ‘stuck with a dogma that councils should not be allowed to build houses’ and pledged to give them greater freedom to borrow, in a statement on housing written for the Labour Housing Group during his campaign. The document also puts a clear divide between Mr Miliband and the current government on planning. While the coalition has scrapped regional spatial strategies and central targets, Mr Miliband states he wants to look at ‘more aggressive targets for social housing in property development’. Read Ed Miliband’s full statement on Inside Housing.
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
Eight out of 10 properties in Londo...
10 hours ago

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